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Meta-Rules

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Author Info
Mark Schreiner (Washington University in St. Louis)

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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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File URL: http://129.3.20.41/eps/dev/papers/0109/0109006.pdf
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Publisher Info
Paper provided by EconWPA in its series Development and Comp Systems with number 0109006.

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Date of creation: 05 Sep 2001
Date of revision: 27 Dec 2001
Handle: RePEc:wpa:wuwpdc:0109006

Note: Type of Document - Adobe Acrobat 3.0; prepared on Windows 98; to print on Adobe Acrobat 3.0; pages: ; figures: Included in pdf file
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Web page: http://129.3.20.41

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Related research
Keywords: meta; theory; economics of economics; evolutionary economics;

Other versions of this item:

Find related papers by JEL classification:
B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Institutional; Evolutionary

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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. 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. [Downloadable!] (restricted)
  2. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-68, June.
  3. Arthur J. Robson, 2001. "The Biological Basis of Economic Behavior," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 11-33, March. [Downloadable!] (restricted)
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This page was last updated on 2009-11-13.

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