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This book contains the most sustained and serious attack on mainstreem, neoclassical economics in morethan forty years. Nelson and Winter focus their critique on the basic question of how firms and industries cange over time. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms.
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Subjects
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1
An Evolutionary Theory of Economic Change (Belknap Press)
August 5, 2006, Belknap Press
Paperback
in English
0674272285 9780674272286
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2
An evolutionary theory of economic change
1982, Belknap Press of Harvard University Press
in English
0674272277 9780674272279
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3
An evolutionary theory of economic change
1982, Belknap Press of Harvard University Press
in English
0674272277 9780674272279
|
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4
An evolutionary theory of economic change
1982, Harvard University Press
in English
0674272285 9780674272286
|
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