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Meta-Rules

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  • Schreiner, Mark

Abstract

Meta-rules, or rules for making rules, determine the costs of innovation and thus the pace of economic growth. Adapting rules to a changing economic environment through explicit, well-designed meta- rules makes economic growth quicker, less painful, and more certain than adapting rules through chance-based evolution.

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Bibliographic Info

Paper provided by Ohio State University, Department of Agricultural, Environmental and Development Economics in its series Economics and Sociology Occasional Papers with number 28331.

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Date of creation: 1995
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Handle: RePEc:ags:ohsesp:28331

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Postal: 2120 Fyffe Road, Columbus, Ohio 43210-1099
Web page: http://www-agecon.ag.ohio-state.edu/
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Keywords: Research and Development/Tech Change/Emerging Technologies;

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  1. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-68, June.
  2. Arthur J. Robson, 2001. "The Biological Basis of Economic Behavior," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 11-33, March.
  3. Douglass C. North & Robert Paul Thomas, 1970. "An Economic Theory of the Growth of the Western World," Economic History Review, Economic History Society, vol. 23(1), pages 1-17, 04.
  4. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
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