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Evolutionary economics: In defence of 'vagueness'

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Matthias Klaes

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Abstract

Evolutionary economics is an increasingly influential but vaguely defined field of economic research. This article discusses different ways of defining evolutionary economics: at its object level, at the level of core concepts and, distinguishing between meaning determinist and meaning finitist interpretations, as a social institution. A meaning finitist interpretation of 'evolutionary economics', referring to evolutionary economics as a social institution, is suggested to provide a positive account of the diversity of attempts to define evolutionary economics, drawing from an evolutionary framework of the diffusion of labels denoting fields of research.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of Economic Methodology.

Volume (Year): 11 (2004)
Issue (Month): 3 (September)
Pages: 359-376
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Handle: RePEc:taf:jecmet:v:11:y:2004:i:3:p:359-376

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Related research
Keywords: Evolutionary-economics; Conceptual-ambiguity; Conceptual-vagueness; Heterodox-economics; Meaning-finitism;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-37, October. [Downloadable!] (restricted)
  2. Matthias Klaes, 2002. "Some Remarks on the Place of Psychological and Social Elements in a Theory of Custom," American Journal of Economics and Sociology, Blackwell Publishing, vol. 61(2), pages 519-530, 04. [Downloadable!] (restricted)
  3. Robert Sugden, 2001. "The evolutionary turn in game theory," Journal of Economic Methodology, Taylor and Francis Journals, vol. 8(1), pages 113-130, March. [Downloadable!] (restricted)
  4. Klaes, Matthias, 2000. "The Birth of the Concept of Transaction Costs: Issues and Controversies," Industrial and Corporate Change, Oxford University Press, vol. 9(4), pages 567-93, December.
  5. John B. Davis & Matthias Klaes, 2003. "Reflexivity: curse or cure?," Journal of Economic Methodology, Taylor and Francis Journals, vol. 10(3), pages 329-352, September. [Downloadable!] (restricted)
  6. Sent, Esther-Mirjam, 1999. "Economics of Science: Survey and Suggestions," Journal of Economic Methodology, Taylor and Francis Journals, vol. 6(1), pages 95-124, March.
  7. Silverberg,Gerald, 1997. "Evolutionary modeling in economics : recent history and immediate prospects," Research Memoranda 008, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
  8. Matthias Klaes, 2001. "Begriffsgeschichte : Between The Scylla Of Conceptual And The Charybdis Of Institutional History Of Economics," Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 23(2), pages 153-179, June. [Downloadable!] (restricted)
  9. U. Witt, 2006. "Evolutionary Economics," Papers on Economics and Evolution 2006-05, Max Planck Institute of Economics, Evolutionary Economics Group.
  10. Matthias Klaes, 2000. "The History Of The Concept Of Transaction Costs: Neglected Aspects," Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 22(2), pages 191-216, June. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Sheila C. Dow, 2003. "The future for schools of thought in pluralist economics," SCEME Working Papers: Advances in Economic Methodology 005/2003, SCEME. [Downloadable!]
  2. Pedro Cosme Vieira & Aurora A.C. Teixeira, 2006. "Are Finance, Management, and Marketing Autonomous Fields of Scientific Research? An Analysis Based on Journal Citations," FEP Working Papers 233, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
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