Generalized Darwinism in Evolutionary Economics: The Devil is in the Details
Hodgson and Knudsen want their version of Generalized Darwinism to meet two /desiderata. /First, their formulation of Darwinism should be sufficiently general and abstract, so that it only refers to general, domain-unspecific features that processes of biological and of socio-cultural evolution have in common with each other. Their formulation should leave out features of Darwinism that are specific to the biological domain only. Second, their version should be able to guide the development of theories that can causally explain processes of economic evolution. Hodgson and Knudsen argue that the latter – going from their abstract and general formulation of Darwinism to such full-fledged economic theories – is a matter of adding details that are specific to the economic domain. Both desiderata seem reasonable. Yet they pull in opposite directions. It is argued that in order to meet the first desideratum the formulation of Darwinism should be so general and abstract that it is bereft of any substance and content and, as such, of little use in guiding further theory development. If going from such a formulation to a full-fledged economic theory is called a matter of adding details, the devil surely is in the details.
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- Hodgson, Geoffrey M. & Knudsen, Thorbjorn, 2004. "The complex evolution of a simple traffic convention: the functions and implications of habit," Journal of Economic Behavior & Organization, Elsevier, vol. 54(1), pages 19-47, May.
- Ulrich Witt, 1992. "Evolutionary Concepts in Economics," Eastern Economic Journal, Eastern Economic Association, vol. 18(4), pages 405-419, Fall.
- Hodgson, Geoffrey M. & Knudsen, Thorbjorn, 2006. "Why we need a generalized Darwinism, and why generalized Darwinism is not enough," Journal of Economic Behavior & Organization, Elsevier, vol. 61(1), pages 1-19, September.
- Christian Cordes, 2006.
"Darwinism in economics: from analogy to continuity,"
Journal of Evolutionary Economics,
Springer, vol. 16(5), pages 529-541, December.
- Christian Cordes, 2004. "Darwinism in Economics: From Analogy to Continuity," Papers on Economics and Evolution 2004-15, Philipps University Marburg, Department of Geography.
- Geoffrey Hodgson & Thorbjørn Knudsen, 2006. "Dismantling Lamarckism: why descriptions of socio-economic evolution as Lamarckian are misleading," Journal of Evolutionary Economics, Springer, vol. 16(4), pages 343-366, October.
- Jack Vromen, 2004. "Conjectural revisionary economic ontology: Outline of an ambitious research agenda for evolutionary economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(2), pages 213-247.
- Ulrich Witt, 2006. "Evolutionary Economics," Papers on Economics and Evolution 2006-05, Philipps University Marburg, Department of Geography.
- Foster, John, 1997. "The analytical foundations of evolutionary economics: From biological analogy to economic self-organization," Structural Change and Economic Dynamics, Elsevier, vol. 8(4), pages 427-451, October.
- Matthias Klaes, 2004. "Ontological issues in evolutionary economics: Introduction," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(2), pages 121-124. Full references (including those not matched with items on IDEAS)
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