Natural and Economic Selection - Lessons from the Evo-Devo and Multilevel Selection Debate
AbstractThis paper sheds new light on the concept of selection in evolutionary economics. The interpretation of natural evolution has experienced significant changes in the last decades, while these developments have been often ignored by economists. This is especially true for the concept of selection, a key concept in many evolutionary approaches. In economics as well as in biology, selection is seen as a central mechanism, which mediates for example the spread of information and innovation, the coordination of groups of agents and the optimization of their behavior. In this article we are aiming to explore the actual significance of selection as a major explanatory principle in economics. Starting with an analysis of a modern and modified understanding of the selection mechanism in nature we will draw some conclusions for its use in economics.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2013-014.
Date of creation: 03 Apr 2013
Date of revision:
Selection; Bioeconomics; Evo-Devo; Cultural Evolution; Multilevel Selection; Economic Theory;
Find related papers by JEL classification:
- B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
- B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
- D03 - Microeconomics - - General - - - Behavioral Microeconomics; Underlying Principles
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-06 (All new papers)
- NEP-EVO-2013-04-06 (Evolutionary Economics)
- NEP-HME-2013-04-06 (Heterodox Microeconomics)
- NEP-HPE-2013-04-06 (History & Philosophy of Economics)
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.:
- Christian Cordes, 2004.
"Darwinism in Economics: From Analogy to Continuity,"
Papers on Economics and Evolution
2004-15, Philipps University Marburg, Department of Geography.
- Christian Cordes, 2006. "Darwinism in economics: from analogy to continuity," Journal of Evolutionary Economics, Springer, Springer, vol. 16(5), pages 529-541, December.
- Metcalfe, J S, 1994. "Competition, Fisher's Principle and Increasing Returns in the Selection Process," Journal of Evolutionary Economics, Springer, Springer, vol. 4(4), pages 327-46, November.
- Samuelson, Paul A, 1993. "Altruism as a Problem Involving Group versus Individual Selection in Economics and Biology," American Economic Review, American Economic Association, American Economic Association, vol. 83(2), pages 143-48, May.
- Pavel Pelikan, 2011. "Evolutionary developmental economics: how to generalize Darwinism fruitfully to help comprehend economic change," Journal of Evolutionary Economics, Springer, Springer, vol. 21(2), pages 341-366, May.
- Klaus Rathe & Ulrich Witt, 2001. "The Nature of the Firm – Static versus Developmental Interpretations," Journal of Management and Governance, Springer, Springer, vol. 5(3), pages 331-351, September.
- Geoffrey M. Hodgson, 2002. "Darwinism in economics: from analogy to ontology," Journal of Evolutionary Economics, Springer, Springer, vol. 12(3), pages 259-281.
- Christian Cordes & Peter J. Richerson & Georg Schwesinger, 2011.
"A Corporation's Culture as an Impetus for Spinoffs and a Driving Force of Industry Evolution,"
Papers on Economics and Evolution
2011-11, Philipps University Marburg, Department of Geography.
- Christian Cordes & Peter Richerson & Georg Schwesinger, 2014. "A corporation’s culture as an impetus for spinoffs and a driving force of industry evolution," Journal of Evolutionary Economics, Springer, Springer, vol. 24(3), pages 689-712, July.
- Cordes, Christian & Richerson, Peter J. & Schwesinger, Georg, 2010.
"How corporate cultures coevolve with the business environment: The case of firm growth crises and industry evolution,"
Journal of Economic Behavior & Organization, Elsevier,
Elsevier, vol. 76(3), pages 465-480, December.
- Christian Cordes & Peter J. Richerson & Georg Schwesinger, 2009. "How Corporate Cultures Coevolve with the Business Environment: The Case of Firm Growth Crises and Industry Evolution," Papers on Economics and Evolution 2009-21, Philipps University Marburg, Department of Geography.
- Berg, Nathan & Gigerenzer, Gerd, 2010. "As-if behavioral economics: Neoclassical economics in disguise?," MPRA Paper 26586, University Library of Munich, Germany.
- Wilson, David Sloan & Gowdy, John M., 2013. "Evolution as a general theoretical framework for economics and public policy," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 90(S), pages S3-S10.
- Geoffrey Hodgson, 2004. "Darwinism, causality and the social sciences," Journal of Economic Methodology, Taylor & Francis Journals, Taylor & Francis Journals, vol. 11(2), pages 175-194.
- Karin Knottenbauer, 2009. "Recent Developments in Evolutionary Biology and Their Relevance for Evolutionary Economics," Papers on Economics and Evolution 2009-11, Philipps University Marburg, Department of Geography.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Markus Pasche).
If references are entirely missing, you can add them using this form.