Schumpeterian Efficiency of Different Economic Systems
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- E. Malinvaud, 1967. "Decentralized Procedures for Planning," International Economic Association Series, in: E. Malinvaud & M. O. L. Bacharach (ed.), Activity Analysis in the Theory of Growth and Planning, chapter 0, pages 170-208, Palgrave Macmillan.
- Armen A. Alchian, 1950. "Uncertainty, Evolution, and Economic Theory," Journal of Political Economy, University of Chicago Press, vol. 58(3), pages 211-211.
- Boland, Lawrence A, 1981. "On the Futility of Criticizing the Neoclassical Maximization Hypothesis," American Economic Review, American Economic Association, vol. 71(5), pages 1031-1036, December.
- Sidney G. Winter, 1971. "Satisficing, Selection, and the Innovating Remnant," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 85(2), pages 237-261.
- Brian Arthur, W. & Ermoliev, Yu. M. & Kaniovski, Yu. M., 1987. "Path-dependent processes and the emergence of macro-structure," European Journal of Operational Research, Elsevier, vol. 30(3), pages 294-303, June.
- Stigler, George J, 1976. "The Xistence of X-Efficiency," American Economic Review, American Economic Association, vol. 66(1), pages 213-216, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Pelikan, Pavel, 1989. "Evolution, Economic Competence, and the Market for Corporate Control," Working Paper Series 215, Research Institute of Industrial Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Pelikan, Pavel, 2006. "Markets vs. Government when Rationality Is Unequally Bounded: Some Consequences of Cognitive Inequalities for Theory and Policy," Ratio Working Papers 85, The Ratio Institute, revised 03 Sep 2006.
- Pelikan, Pavel, 1988. "Economic Competence as a Scarce Resource: An Essay on the Limits of Neoclassical Economics and the Need for an Evolutionary Theory," Working Paper Series 191, Research Institute of Industrial Economics.
- Pavel Pelikán, 2010. "The Government Economic Agenda in a Society of Unequally Rational Individuals," Kyklos, Wiley Blackwell, vol. 63(2), pages 231-255, May.
- Pelikan, Pavel, 1997. "Allocation of Economic Competence in Teams: A Comparative Institutional Analysis," Working Paper Series 480, Research Institute of Industrial Economics.
- Erik Stam & Roy Thurik & Peter van der Zwan, 2010.
"Entrepreneurial exit in real and imagined markets,"
Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(4), pages 1109-1139, August.
- Roy Thurik & F. Stam & Peter van der Zwan, 2007. "Entrepreneurial exit in real and imagined markets," Scales Research Reports H200720, EIM Business and Policy Research.
- Erik Stam & Roy Thurik & Peter van der Zwan, 2008. "Entrepreneurial Exit in Real and Imagined Markets," Tinbergen Institute Discussion Papers 08-031/3, Tinbergen Institute, revised 07 Dec 2009.
- Pelikan, Pavel, 1999. "Institutions for the Selection of Entrepreneurs: Implications for Economic Growth and Financial Crises," Working Paper Series 510, Research Institute of Industrial Economics, revised 15 Feb 2000.
- Pascal Seppecher & Isabelle Salle & Dany Lang, 2019.
"Is the market really a good teacher?,"
Journal of Evolutionary Economics, Springer, vol. 29(1), pages 299-335, March.
- Pascal Seppecher & Isabelle Salle & Dany Lang, 2016. "Is the Market Really a Good Teacher? Market Selection, Collective Adaptation and Financial Instability," GREDEG Working Papers 2016-15, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Seppecher, P. & Salle, I. & Lang, D., 2016. "Is the Market Really a Good Teacher?," CeNDEF Working Papers 16-04, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Pascal Seppecher & Isabelle Salle & Dany Lang, 2019. "Is the market really a good teacher ? Market selection, collective adaptation and financial instability," Post-Print hal-01532903, HAL.
- Pascal Seppecher & Isabelle Salle & Dany Lang, 2016. "Is the market really a good teacher ?," Post-Print hal-01314335, HAL.
- Sidney G. Winter, 2017.
"Pursuing the evolutionary agenda in economics and management research,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(3), pages 721-747.
- Sidney G. Winter, 2016. "Pursuing the Evolutionary Agenda in Economics and Management Research," LEM Papers Series 2016/22, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Abhijit Banerjee & Jörgen W. Weibull & Ken Binmore, 1996.
"Evolution and Rationality: Some Recent Game-Theoretic Results,"
International Economic Association Series, in: Beth Allen (ed.), Economics in a Changing World, chapter 4, pages 90-117,
Palgrave Macmillan.
- Banerjee, Abhijit & Weibull, Jörgen W., 1992. "Evolution and Rationality: Some Recent Game-Theoretic Results," Working Paper Series 345, Research Institute of Industrial Economics.
- Earl, Peter E., 2015.
"Anchoring in economics: On Frey and Gallus on the aggregation of behavioural anomalies,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-25.
- Earl, Peter E., 2014. "Anchoring in economics: On Frey and Gallus on the aggregation of behavioural anomalies," Economics Discussion Papers 2014-37, Kiel Institute for the World Economy (IfW Kiel).
- Bodnaruk, Andriy & Massa, Massimo & Simonov, Andrei, 2013. "Alliances and corporate governance," Journal of Financial Economics, Elsevier, vol. 107(3), pages 671-693.
- Beker, Pablo F., 2008.
"Retained earnings dynamic, internal promotions and Walrasian equilibrium,"
Journal of Economic Theory, Elsevier, vol. 139(1), pages 114-156, March.
- Pablo F. Beker, 2004. "Retained Earnings Dynamic, Internal Promotions And Walrasian Equilibrium," Working Papers. Serie AD 2004-14, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Beker, Pablo F., 2007. "Retained Earnings Dynamic, Internal Promotions And Walrasian Equilibrium," Economic Research Papers 269762, University of Warwick - Department of Economics.
- Beker, Pablo F, 2007. "Retained Earnings Dynamic, Internal Promotions and Walrasian Equilibrium," The Warwick Economics Research Paper Series (TWERPS) 813, University of Warwick, Department of Economics.
- Mariano Rojas, 2012. "Do People in Income Poverty Use Their Income Efficiently?: a Subjective Well-Being Approach," WIDER Working Paper Series wp-2012-110, World Institute for Development Economic Research (UNU-WIDER).
- Giulio Bottazzi & Pietro Dindo, 2013. "Evolution and market behavior in economics and finance: introduction to the special issue," Journal of Evolutionary Economics, Springer, vol. 23(3), pages 507-512, July.
- Li, Cheng, 2014. "Rationality and Beyond: A Critique of the Nature and Task of Economics," MPRA Paper 56651, University Library of Munich, Germany.
- Pelikan, Pavel, 1986. "The Formation of Incentive Mechanisms in Different Economic Systems," Working Paper Series 155, Research Institute of Industrial Economics.
- Markus Becker & Thorbjorn Knudsen, 2012. "Nelson and Winter Revisited," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 19, Edward Elgar Publishing.
- Кантарбаева, Алия & Мустафин, Алмаз, 1997. "Теория Предпринимательства И Эволюционная Экономика [The theory of entrepreneurship and evolutionary economics]," MPRA Paper 63295, University Library of Munich, Germany, revised Oct 1997.
- Kant, Shashi, 2003. "Extending the boundaries of forest economics," Forest Policy and Economics, Elsevier, vol. 5(1), pages 39-56, January.
- Dosi, Giovanni & Nelson, Richard R., 2010.
"Technical Change and Industrial Dynamics as Evolutionary Processes,"
Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 51-127,
Elsevier.
- Giovanni Dosi & Richard R. Nelson, 2009. "Technical Change and Industrial Dynamics as Evolutionary Processes," LEM Papers Series 2009/07, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
More about this item
Keywords
Schumpeterian efficiency; comparison of economic systems;JEL classification:
- P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:iuiwop:0194. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Elisabeth Gustafsson (email available below). General contact details of provider: https://edirc.repec.org/data/iuiiise.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.