Creative evolution in economics

被引:0
|
作者
Devereaux, Abigail [1 ]
Koppl, Roger [2 ]
Kauffman, Stuart [3 ]
机构
[1] Wichita State Univ, 1845 Fairmount St, Wichita, KS 67260 USA
[2] Syracuse Univ, 900 South Crouse Ave, Syracuse, NY 13244 USA
[3] Inst Syst Biol, 401 Terry Ave N, Seattle, WA 98109 USA
关键词
Adjacent possible; Institutional emergence; Innovation; Local knowledge; D83; C00; B41; O30; O40; LANDSCAPES; GOVERNANCE;
D O I
10.1007/s00191-024-00855-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop a representation of creative evolution in economics based on the theory of the adjacent possible. We start by introducing an epistemological framework for economic theorizing that copes with unknowability and the unlistability of possibility spaces. From this framework, we discuss the use of knowledge in creatively evolving systems and derive four main results: that local knowledge is itself a mechanism of movement through the adjacent possible; that all action is entrepreneurial action; that causality is ambiguous; and that individuals can agree to disagree. We then apply these results to decision-making, innovation, and the emergence of institutions and commons in creatively evolving systems.
引用
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页码:489 / 514
页数:26
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