AbstractMeta-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 InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0109006.
Date of creation: 05 Sep 2001
Date of revision: 27 Dec 2001
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meta; theory; economics of economics; evolutionary economics;
Other versions of this item:
- Schreiner, Mark, 1995. "Meta-Rules," Economics and Sociology Occasional Papers, Ohio State University, Department of Agricultural, Environmental and Development Economics 28331, Ohio State University, Department of Agricultural, Environmental and Development Economics.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-09-10 (All new papers)
- NEP-CDM-2001-09-10 (Collective Decision-Making)
- NEP-EVO-2001-09-10 (Evolutionary Economics)
- NEP-MFD-2001-09-10 (Microfinance)
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.:
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