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A Cognitive-evolutionary Theory of Economic Policy

In: The Evolution of Economic Systems

Author

Listed:
  • Alfred Meier
  • Susanne Haury

Abstract

Economists often charge that politicians turn a deaf ear to their advice, whereas politicians find that economic analyses seldom provide them with workable guidelines. The cognitive-evolutionary approach is an outgrowth of this situation with improvement of the quality of economic consulting as its objective. It is intended as a contribution to the solution of communication problems between politician and economist. Because we believe that these problems arise largely from inadequate representation of the politician’s actual situation in economic models, we stress the importance of uncertainty and power.1

Suggested Citation

  • Alfred Meier & Susanne Haury, 1990. "A Cognitive-evolutionary Theory of Economic Policy," Palgrave Macmillan Books, in: Kurt Dopfer & Karl-F. Raible (ed.), The Evolution of Economic Systems, chapter 7, pages 77-87, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11153-4_7
    DOI: 10.1007/978-1-349-11153-4_7
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    Cited by:

    1. Eckardt, Martina, 2004. "Evolutionary approaches to legal change," Thuenen-Series of Applied Economic Theory 47, University of Rostock, Institute of Economics.
    2. Eckardt, Martina, 1999. "The Evolution of the German Tort Law in the 19th Century - An Economic Analysis of the Evolution of Law," Thuenen-Series of Applied Economic Theory 23, University of Rostock, Institute of Economics.

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