archetypical models of path dependent processes. …

archetypical models of path dependent processes. …

for biological fitness. The process is predominately envisaged as a process of what I am going to term 'blind evolution …': a combination of random variation and selection. The idea of randomness is put into question. If evolution is is to be …

authors who jointly contributed to establish the elements of what could constitute a "science of complexity". Based on the … (homogeneous or heterogeneous) agents and the environment; ii) emergence and self-organization; iii) the importance of not …, learning and evolution. Finally, contemporary critics are presented. They suggest that the arguments of complex systems do not …

authors who jointly contributed to establish the elements of what could constitute a "science of complexity". Based on the … (homogeneous or heterogeneous) agents and the environment; ii) emergence and self-organization; iii) the importance of nonlinearity …, learning and evolution. Finally, contemporary criticisms are presented. They suggest that the arguments of complex systems do …

perceived complexity, and generating social institutions. Boosted by the financial crisis 2008ff., a surge to explore complexity …Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the … theoretical and empirical findings are consistent with older heterodox research interests and predictions. Economic complexity is …

institutionalists emphasized the importance of human created institutions that allocate resources and power, institutional rules of … social control, and the effect of institutions on the economy. The institutionalists severely qualified marginalist analysis … institutions that move resources through the economy. Coase’s work merged neoclassicism with institutionalism by incorporating …

In this conceptual paper, we discuss the evolutionary root causes of institutional complexity, defined as inherently … incompatible prescriptions when different sources of institutions intersect at the same space and time. We suggest that societies …, each of which is associated with a given replicator. Institutional complexity thus can be conceived as a mix of potentially …