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Meta-Rules

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  • Schreiner, Mark

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.

Suggested Citation

  • Schreiner, Mark, 1995. "Meta-Rules," Economics and Sociology Occasional Papers 28331, Ohio State University, Department of Agricultural, Environmental and Development Economics.
  • Handle: RePEc:ags:ohsesp:28331
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    File URL: http://purl.umn.edu/28331
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    References listed on IDEAS

    as
    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.
    2. Douglass C. North & Robert Paul Thomas, 1970. "An Economic Theory of the Growth of the Western World," Economic History Review, Economic History Society, vol. 23(1), pages 1-17, April.
    3. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    4. Arthur J. Robson, 2001. "The Biological Basis of Economic Behavior," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 11-33, March.
    5. Kenneth E. Boulding, 1981. "Agricultural Economics in an Evolutionary Perspective," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(5), pages 788-795.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Research and Development/Tech Change/Emerging Technologies;

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian

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