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Recent Developments in Evolutionary Biology and Their Relevance for Evolutionary Economics

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Author Info
Karin Knottenbauer
Abstract

The paper gives attention to the question of whether the development of evolutionary theories in biology over the last twenty years has any implications for evolutionary economics. Though criticisms of Darwin and the modern synthesis have always existed, most of them have not been widely accepted or have been absorbed by the mainstream. Recent findings in evolutio¬nary biology have started to question again the main principles of the modern synthesis. These findings suggest amongst others that the phenomena of co-operation, communication, and self-organization have been under-estimated, and that selection is not the predominant factor of evolution, but only one among many. Thus, in evolutionary economics, the question is whether the popular variation-retention-selection principle is still up to date. The implications for evolutionary economics with respect to analogies, generalized Darwinism, and the continuity hypothesis are also addressed.

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Paper provided by Max Planck Institute of Economics, Evolutionary Economics Group in its series Papers on Economics and Evolution with number 2009-11.

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Date of creation: Sep 2009
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Handle: RePEc:esi:evopap:2009-11

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Keywords: Analogies; evo-devo; evolutionary economics; evolutionary biology; co-operation; genes; Lamarckism; modern synthesis; neo-Darwinism; selection; self-organization Length 18 pages;

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  1. Ulrich Witt, 2008. "What is specific about evolutionary economics?," Journal of Evolutionary Economics, Springer, vol. 18(5), pages 547-575, October. [Downloadable!] (restricted)
  2. Ulrich Witt, 2004. "On the proper interpretation of 'evolution' in economics and its implications for production theory," Journal of Economic Methodology, Taylor and Francis Journals, vol. 11(2), pages 125-146, June. [Downloadable!] (restricted)
  3. Christian Cordes, 2006. "Darwinism in economics: from analogy to continuity," Journal of Evolutionary Economics, Springer, vol. 16(5), pages 529-541, December. [Downloadable!] (restricted)
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  4. Guido Buenstorf, 2006. "How useful is generalized Darwinism as a framework to study competition and industrial evolution?," Journal of Evolutionary Economics, Springer, vol. 16(5), pages 511-527, December. [Downloadable!] (restricted)
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This page was last updated on 2009-12-10.


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