Contents: Part I -- Introduction -- 1: Institutions and evolution of capitalism in Geoff Hodgson's work / Francesca Gagliardi and David Gindis -- Part II: Foundations -- 2: Geoff hodgson on pluralism and historical specificity / Sheila C. Dow -- 3: Mathematical modelling in economics: Seeking a...

This Element examines the historical emergence of evolutionary economics, its development into a strong research theme after 1980, and how it has hosted a diverse set of approaches. Its focus on complexity, economic dynamics and bounded rationality is underlined. Its core ideas are compared with...