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On the economics of increasing complexity: With some special focus on culture

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  • Puu, T.
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    Abstract

    This contribution seeks to find a setting in which evolution in terms of changing structure, rather than growth within a given structure, can be modelled. In particular the evolution of increasing complexity is focused. The setting chosen uses Lancasterian property space as an invariant in which the changing, emerging, and disappearing actual implements are property bundles. The aim is to produce a development tree like the Darwinian, and the tool used for modelling the branching bifurcations is catastrophe theory.

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    File URL: http://www.sciencedirect.com/science/article/B6V8F-4YNT42J-1/2/45c3fda4ccf6e9de1b2377d95b52732a
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

    Volume (Year): 75 (2010)
    Issue (Month): 1 (July)
    Pages: 59-68

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    Handle: RePEc:eee:jeborg:v:75:y:2010:i:1:p:59-68

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    Web page: http://www.elsevier.com/locate/jebo

    Related research

    Keywords: Cultural economics Evolution Complexity Catastrophe theory;

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    Cited by:
    1. Orlando Gomes, 2012. "Endogenous Heterogeneity, the Propagation of Information and Macroeconomic Complexity," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 6(1), pages 38-58, March.
    2. Orlando Gomes, 2012. "Attentiveness cycles: Synchronized behavior and aggregate fluctuations," Revista Brasileira de Economia, FGV/EPGE Escola Brasileira de Economia e Finan├žas, Getulio Vargas Foundation (Brazil), vol. 66(3), pages 271-288, October.

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