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The Dynamic Strategy Theory, a Formal Statement

In: The Strategic Logic of China’s Economy

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  • Huw McKay

Abstract

The DST was independently developed by Graeme Snooks in a series of landmark works going back to The Dynamic Society in 1996. This chapter presents the central tenets of the DST as an algebraic formulation, which is the first time that this task has been attempted. The motivation for doing so is simple. The Snooksian canon is now so extensive that there is a vital need for a succinct statement that can both be referred to by specialists and can serve as an introduction for those who are new to the work. The desire to construct this summary has much in common with the sentiments of Rendigs Fels, who wrote this somewhat apologetic preamble to a summary article on Schumpeter’s theory of business cycles:

Suggested Citation

  • Huw McKay, 2024. "The Dynamic Strategy Theory, a Formal Statement," Contributions to Economics, in: The Strategic Logic of China’s Economy, chapter 0, pages 17-39, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-47229-9_2
    DOI: 10.1007/978-3-031-47229-9_2
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