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Journal articles on the topic 'Evolutionary economy'

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Author: Grafiati

Published: 10 December 2022

Last updated: 28 January 2023

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1

Essletzbichler, Jürgen. "Evolutionary Economic Geography, Institutions, and Political Economy." Economic Geography 85, no. 2 (March 12, 2009): 159–65. http://dx.doi.org/10.1111/j.1944-8287.2009.01019.x.

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2

Goodwin, Richard M. "The economy as an evolutionary pulsator." Journal of Economic Behavior & Organization 7, no. 4 (December 1986): 341–49. http://dx.doi.org/10.1016/0167-2681(86)90010-7.

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3

Rustamov, E. "Principles of Evolutionary Modernization of Transition Economies." Voprosy Ekonomiki, no. 7 (July 20, 2009): 85–96. http://dx.doi.org/10.32609/0042-8736-2009-7-85-96.

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The article considers strategic issues of modernization of the transition economy. The analysis is based on the methodology of the World Economic Forum where special attention is paid to the sequence of the transformation stages. The main conclusion is that modernization should combine implementation of the governance mechanisms with the beneficial use of comparative advantages of the national culture. In fact, modernization of the transition economy should be evolutionary. It is precisely this course of development that is relevant for Azerbaijan which has successfully upgraded its economy in the recent years.

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4

Simonova, Evgenia Vladimirovna. "Evolutionary Models of Competitiveness of Modern Economy." OrelSIET Bulletin, no. 3 (2020): 50–58. http://dx.doi.org/10.36683/2076-5347-2020-3-53-50-58.

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5

Bck, Ingrid. "Evolutionary design and the economy of discourse." Technoetic Arts 8, no. 1 (May 1, 2010): 67–76. http://dx.doi.org/10.1386/tear.8.1.67/1.

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6

Kwasnicki, Witold. "Knowledge, innovation and economy: An evolutionary exploration." Long Range Planning 30, no. 1 (February 1997): 144–45. http://dx.doi.org/10.1016/s0024-6301(97)86611-3.

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7

Dillard, Dudley. "The Evolutionary Economics of a Monetary Economy." Journal of Economic Issues 21, no. 2 (June 1987): 575–85. http://dx.doi.org/10.1080/00213624.1987.11504651.

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8

Borisovich Konashev, Mikhail. "Ecological Crisis, “Market” Economy and Evolutionary Theory." International Journal of Energy and Environmental Science 4, no. 6 (2019): 67. http://dx.doi.org/10.11648/j.ijees.20190406.11.

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9

Cincotti, Silvano, Wolfram Elsner, Nathalie Lazaric, Anastasia Nesvetailova, and Engelbert Stockhammer. "Towards an evolutionary political economy. Editorial to the inaugural issue of the Review of Evolutionary Political Economy REPE." Review of Evolutionary Political Economy 1, no. 1 (May 2020): 1–12. http://dx.doi.org/10.1007/s43253-020-00011-6.

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10

Mitchell, Ronald K. "Evolutionary Biology Research, Entrepreneurship, and the Morality of Security-Seeking Behavior in an Imperfect Economy." Ruffin Series of the Society for Business Ethics 4 (2004): 263–87. http://dx.doi.org/10.5840/ruffinx200441.

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This article investigates whether there is an underlying morality in the ways that human beings seek to obtain economic security within our imperfect economy, which can be illuminated through evolutionary biology research. Two research questions are the focus of the analysis: (1) What is the transaction cognitive machinery that is specialized for the entrepreneurial task of exchange-based security-seeking? and, (2) What are the moral implications of the acquisition and use of such transaction cognitions?Evolutionary biology research suggests within concepts that are more Darwin- v. Huxley-based, an underlying morality supportive of algorithm-governed economizing arising from the behaviors that are most worthy of long-term reproduction. Evolutionarily stable algorithm-enhanced security-seeking is argued to be a new view of entrepreneurship, but one that, somewhat ironically, is grounded in a primordially-based entrepreneurial morality that is at the core of economic security.

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11

Kontic, Ljiljana. "Technological innovations trough the prism of evolutionary economy." Privredna izgradnja 45, no. 1-2 (2002): 125–43. http://dx.doi.org/10.2298/priz0201125k.

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In this paper author has explored the relationship between technology and organization from the perspective of evolutionary economy. The technology is seen as the key source of dynamism in economic development. This have involved a discussion of the factors shaping long term trends in technological development, the relationship of innovation to economic progress and the role of organizations as sources of innovation activity. The technological innovations arc viewed as mutations which if successful result in variations in the economic environment. Success is in part a function of environmental selection by consumers and users. In order to survive, organizations must adopt to radically new and emergent technological and market conditions ('techno-economic paradigms'). To do this they must learn how to assimilate and apply the new knowledge required to bring about and sustain innovation. Organizations move from current pathways of technological development onto the completely new trajectory offered by new technology. They must play an active role in developing strategies that strengthen their innovative capacity. These processes determinate new organizational form innovative organization.

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12

Allah, Mohamed Abo Bakr Abd. "Digital Economy in Egypt." International Journal of Innovation in the Digital Economy 10, no. 2 (April 2019): 1–27. http://dx.doi.org/10.4018/ijide.2019040101.

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The evolutionary stages for each state are crucial to foresee its fate. After the 2011 revolution events, Egypt suffered from decline in all economic indicators. Nowadays, people live a new age of comprehensive economic reform. This article focuses on studying digital economy as one of the future economic aspects that helps achieving the sustainable development, and how to apply it in Egypt. It illustrates the global development in the digital economy; the current economic conditions in Egypt; the expected contributions of the digital economy to the Egyptian economy; the government efforts exerted towards building a digital economy; and the main elements supporting it.

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13

Tafti, Saeed Fallah, Mani Jahani, and Shahnaz Akbari Emami. "Explaining Evolutionary Trend of Strategic Planning from Traditional Economy to Innovation Economy." Procedia - Social and Behavioral Sciences 58 (October 2012): 56–65. http://dx.doi.org/10.1016/j.sbspro.2012.09.978.

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14

Nasyrova, Svetlana. "Evolutionary aspects of the human-oriented economy in the categorical-system methodology." Moscow University Economics Bulletin, no. 6 (December 30, 2021): 202–23. http://dx.doi.org/10.38050/0130010520216.10.

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The object of the research is human-oriented economy. The purpose of the study is to develop a model for the development of human-centered economy through its gradual complication. The author puts forward a hypothesis that the development of an hierarchy of objectively necessary human needs will provide a basis for identifying the structure of a new economic system with targets focused on gradual development of each economic entity and the economy as a whole. The study applies the methods of content analysis and the «Final information flow» method. The author first performs identification and cognition of qualitative characteristics of human-oriented economy based on the «Finite information flow» method using such parameters as logical level, logical limit and transformability. He then formulates the logical levels of human-centered economy development on the basis of human needs allocation, determines the presence of diverse structures within the framework of a human-centered economy, and presents human-oriented economy as a object gradually becoming more complex. The practical and theoretical findings of the study prove that the comprehension of human-centered economy through «Final information flow» method may serve as a basis for further research aimed at building a scientifically grounded theory of the phenomenon under study.

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15

Allanson, P., J. Murdoch, G. Garrod, and P. Lowe. "Sustainability and the Rural Economy: An Evolutionary Perspective." Environment and Planning A: Economy and Space 27, no. 11 (November 1995): 1797–814. http://dx.doi.org/10.1068/a271797.

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The authors define the rural economy not as a functional entity but as a complex, open system, the analysis of which requires an interdisciplinary approach oriented to the study of processes and interactions. This evolutionary perspective is illustrated by two generic studies of rural issues: the role played by the postwar planning regime in the definition and management of rural space in Britain; and the connection between agricultural development and the reproduction of farm structures. The understanding of sustainable development which emerges calls for a holistic and responsive approach to rural policy formulation.

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16

Donato, Maria Bernadette, Monica Milasi, and Carmela Vitanza. "Evolutionary quasi-variational inequality for a production economy." Nonlinear Analysis: Real World Applications 40 (April 2018): 328–36. http://dx.doi.org/10.1016/j.nonrwa.2017.09.007.

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17

Adams, John. "The Political Economy of Diversity: Evolutionary Perspectives on Economic Order and Disorder." Journal of Economic Issues 30, no. 3 (September 1996): 913–16. http://dx.doi.org/10.1080/00213624.1996.11505855.

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18

Chshieva, Z. G., V. I. Gobaeva, and N. A. Sirotyuk. "THE EVOLUTIONARY STAGES OF THE DEVELOPMENT AND FORMATION OF THE IT ECONOMY." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 11/4, no. 131 (2022): 54–57. http://dx.doi.org/10.36871/ek.up.p.r.2022.11.04.008.

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The article presents the history of the formation and development of the information economy. Three stages of digitalization of the economy are described in detail. Particular attention is paid to the study of the levels of the IT economy, such as the environment in which conditions are created for the development of high-performance technologies, technologies and platforms, as well as economic sectors and markets where service providers and consumers interact directly. It describes the relationship between the development of the IT economy and federal programs, the main end-to-end technologies. It is also considered how, under the influence of the development of the IT economy, traditional business models are changing on the example of the largest digital economies of the six countries of Southeast Asia.

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19

Sagiv, Tamar. "Evolutionary and Co-Evolutionary Dynamics of Ownership and Control Linkages in Networked Economy (WITHDRAWN)." Academy of Management Proceedings 2014, no. 1 (January 2014): 16554. http://dx.doi.org/10.5465/ambpp.2014.16554abstract.

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20

Bidabad, Bijan. "Ethic Economics, Fair Economy, New Economy, Sustainability and other Related Disciplines." International Journal of Islamic Business & Management 3, no. 2 (May 28, 2019): 24–29. http://dx.doi.org/10.46281/ijibm.v3i2.278.

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Evolution of humankind in forming economic order of the society passed from caring only individual benefit to looking for social interests. This was what followed in the last millenniums. In this paper, we review this evolutionary process that starts from utilitarianism and reaches to ethical approach in defining human being behavior. It concludes that following what the divine prophets and messengers have understood and legislated are more appropriate for human well-being both in their materialistic and spiritual lives. DOI: https://doi.org/10.5281/zenodo.3402337

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21

Mistri, Maurizio. "Vilfredo Pareto and the Evolutionary Approach to Political Economy." STUDI ECONOMICI, no. 106 (February 2013): 87–111. http://dx.doi.org/10.3280/ste2012-106005.

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22

Witt, Ulrich. "Editorial note on “Evolutionary biology arguments in political economy”." Journal of Bioeconomics 17, no. 1 (February 18, 2015): 1–2. http://dx.doi.org/10.1007/s10818-015-9197-0.

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23

Nusratullin, Vil Kasimovich, and Ilmir Vilovich Nusratullin. "ON A NEW DIRECTION OF THEORETICAL ECONOMY: «EVOLUTIONARY THEORY OF ECONOMY AND SOCIETY DEVELOPMENT»." Теоретическая экономика, no. 10 (2021): 38–44. http://dx.doi.org/10.52957/22213260_2021_10_38.

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24

Scheuplein, Christoph. "Soziale Evolution und räumliche Wirtschaftsstruktur bei Herbert Spencer, William Hearn und Alfred Marshall." Zeitschrift für Wirtschaftsgeographie 51, no. 1 (January 1, 2007): 1–13. http://dx.doi.org/10.1515/zfw.2007.0001.

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Herbert Spencer, William Hearn and Alfred Marshall on social evolution and spatial patterns of the Economy. In contemporary regional economics and economic geography, Alfred Marshall is appreciated as the first economist who described and theorized economic clusters. However, his work has been one-sidedly reduced to his economic rational explorations of the emergence and success of industrial districts. Delving deeper reveals that Marshall was deeply influenced by evolutionary thinking. For him, districts were an organizational pattern arising out of human evolution. Marshall was also influenced by two other earlier scholars: Spencer and Hearn. The founder of socio-evolutionary theory, Herbert Spencer, had already used the spatial allocation of production activities as a important criteria to characterize societal development. William Hearn had integrated the socio-evolutionary terms of organization into economics in order to describe the macro-economy. Alfred Marshall borrowed their concepts and worked them into the wider framework of social science. Due to this, he gained insights into the contingency and the path dependency of spatial processes.

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25

Honcharenko, Oksana, and Anastasia Zemliana. "ONTOLOGICAL ASPECTS OF DEVELOPMENT INNOVATIVE FORMS OF BUSINESS IN THE NATIONAL ECONOMY." ECONOMIC BULLETIN OF THE DNIPROVSK STATE TECHNICAL UNIVERSITY 1, no. 2(3) (April 12, 2022): 7–13. http://dx.doi.org/10.31319/2709-2879.2021iss2(3).254819pp7-13.

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The imperatives of global transformations of the world economy and the specific features of the national economy in the context of the formation of innovative forms of business and activation of the innovation process are substantiated; The evolutionary determinants of the digital transformation of the social economy are determined and the directions of modernization transformations of the economy of Ukraine are argued; The sectoral features of the national economy in the context of modernization changes and implementation of global trends are stated; The importance of the study of institutional factors of economic dynamics and regulatory influences of the institutional mechanism in the implementation of innovation development is focused. It has been established that modern changes in the global economy and digital transformations of national farms take place at different pace in sectoral and sectoral segments, but are based on objective processes of deepening and distribution of labor, distribution of integration and innovation. New forms of labor organization, which are mainly based on network ties and interactions, contributed to the spread of services and its innovation segment, which turned out to increase volumes of operations under outsourcing, outstafing, freelance. The rapid growth of IT outsourcing is stated, in particular in the field of cloud computing, bots development of chatting bots, blockchain technology, use of artificial intelligence and automated training. It is accented that the dissemination of innovative forms of business in the national economy do not contribute to the formed institutional and evolutionary restrictions. Specific evolutionary restrictions for innovative changes in the national economy began a scale of technological lag of key industries and economics as a whole, the influence of the shadow economy and formed institutional "traps" in key areas, crisis economic, social, political factors. Institutional problems are due to the inefficiency of basic institutions, which are formed by the basis for economic interactions (market, economy, competition) and the lack of effective instruments and forms of budgetary tax and monetary regulation. Theoretical and methodological provisions deepen the practical principles of institutional regulation and ensuring the innovative development of the national economy and innovative forms of business organization.

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26

Krstic, Milos. "The role of rules in the evolution of the market system: Hayek’s concept of evolutionary epistemology." Ekonomski anali 57, no. 194 (2012): 123–40. http://dx.doi.org/10.2298/eka1294123k.

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Starting from the concept of the Darwinian paradigm that, by using Darwin?s principles of variation, selection, and retention, all domains from biology to economic systems can be explained, the advocates of modern evolutionary epistemology have analyzed the role of thoughtful institutional design in the process of cultural evolution. In light of the issue of how human intention and evolutionary forces interact in socioeconomic processes, this paper examines the views of F. A. Hayek, the most famous follower of evolutionary epistemology, on the evolution of the market economy system. In this paper special attention will be devoted to Hayek?s concept of rational liberalism and his evolutionary epistemology.

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27

Fan, Ru Guo, and Hong Juan Zhang. "Research on the Low-Carbon Evolutionary Model of Chinese Traditional Industrial Clusters Based on Evolutionary Games Theory under Low-Carbon Constraints." Applied Mechanics and Materials 448-453 (October 2013): 4461–64. http://dx.doi.org/10.4028/www.scientific.net/amm.448-453.4461.

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The low-carbon evolution of traditional industry cluster is the key to a low-carbon economy, and also a frontier of industry cluster theory research. The paper uses evolutionary game theory to construct a low-carbon evolutionary model of Chinese traditional industrial clusters, which considers uncertain factors such as political, economic, cultural, etc. Through the analysis of the cluster low-carbon evolutionary paths and stable equilibrium strategies, the model reflects the inherent law of clusters low-carbon evolution. Finally, the paper gives advices to promote industrial cluster agents to adopt the low-carbon cooperation strategy.

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28

Wan, Xiang Yu, and Peng Jia. "An Agent-Based Simulation Model of the Economy: An Empirical Study of Negative Income Tax System in a Transition Economy." Advanced Materials Research 204-210 (February 2011): 718–23. http://dx.doi.org/10.4028/www.scientific.net/amr.204-210.718.

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In this paper, we present an agent-based computer simulation model to analyze the dynamic relationship between economic growth and income difference in a transition economy and to evaluate the empirical effects of negative income tax system. Micro agents in the economy form the economic networks and enable the economy to evolve forward through the intelligential evolutionary system and mutual interactions between the agents. Based on the logical reasons of the transition economy, the model finally gives the results of the simulation: when the economy finishes rapid transition and enters into stable development, by implementing negative income tax system, government can effectively decrease income difference while at the same time maintain rapid economic growth.

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29

Kirdina, S. "Institutional Structure of Modern Russia: Evolutionary Modernization." Voprosy Ekonomiki, no. 10 (October 20, 2004): 89–98. http://dx.doi.org/10.32609/0042-8736-2004-10-89-98.

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The main idea of the paper is to explain the essence of transformation of the Russian economy on the basis of the new institutional matrices theory developed by the author. The paper focuses on the objective process of self-organization of socioeconomic structure on the given stage of Russia's development. It concludes that centralized regulation of the process of economic development will strengthen; at the same time, market elements will ever more actively be infused and spread; the result will be the expanded liberalization of market together with strong state regulation but acting under a more strict, flexible and committed system of state control.

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30

Kay, John. "What became of the New Economy?" National Institute Economic Review 177 (July 2001): 56–69. http://dx.doi.org/10.1177/002795010117700106.

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Over the past five years, there have been widespread claims — not only that there is a ‘new economy’ but that a new economy requires new economics. This article reviews the claims of this kind which have been made in three principal areas — in the measurement of economic statistics and in macroeconomic management, in company and stock market valuations, and in the nature of competitive advantage and the origins of business success. In each of these areas, it finds little basis for believing that revolutionary, rather than evolutionary, change is required. Indeed the application of well established economic principles and concepts might have saved investors, commentators, and those whose job it is to manage the economy, from costly mistakes

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31

Gruszka, Katarzyna, Manuel Scholz-Wäckerle, and Ernest Aigner. "Planetary carambolage: The evolutionary political economy of technology, nature and work." Review of Evolutionary Political Economy 1, no. 3 (November 2020): 273–93. http://dx.doi.org/10.1007/s43253-020-00030-3.

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AbstractThe following editorial introduces the special issue (SI) on “Work, Environment and Planetary-scale Computation in Political-Economic Evolution”. Here, however, we go beyond an outline of what each contribution to the SI addresses, and attempt to draw a more pronounced shared embedding of the arguments that have come to the fore. The original idea of this SI was to synthesize a range of contemporary global political-economic challenges, i.e. (1) technology (esp. digital transformation), (2) nature (esp. ecological crisis) and (3) work (esp. precarization via the evolving platform economy). The main argument developed in this editorial reflection focuses on the common ground and origin of those processes found in the complex evolution of capitalist development. We frame the latter by assigning it a new term, i.e. “planetary carambolage”.

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32

CHANG, Xin-gong. "Application of evolutionary substructure discovery in study on regional economy." Journal of Computer Applications 28, no. 5 (October 17, 2008): 1173–76. http://dx.doi.org/10.3724/sp.j.1087.2008.01173.

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33

Anthony O’Hara, Phillip. "The Contemporary Relevance of Thorstein Veblen’s Institutional-Evolutionary Political Economy." History of Economics Review 35, no. 1 (January 2002): 78–103. http://dx.doi.org/10.1080/10370196.2002.11733370.

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34

Kohler, Robert E. "Drosophila and Evolutionary Genetics: The Moral Economy of Scientific Practice." History of Science 29, no. 4 (December 1991): 335–75. http://dx.doi.org/10.1177/007327539102900401.

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35

Anderson, W. P. "An evolutionary model of growth in a two region economy." Annals of Regional Science 23, no. 2 (June 1989): 105–20. http://dx.doi.org/10.1007/bf01582001.

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36

Szekely, Pablo, Hila Sheftel, Avi Mayo, and Uri Alon. "Evolutionary Tradeoffs between Economy and Effectiveness in Biological Homeostasis Systems." PLoS Computational Biology 9, no. 8 (August 8, 2013): e1003163. http://dx.doi.org/10.1371/journal.pcbi.1003163.

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37

Cincotti, Silvano, Wolfram Elsner, Nathalie Lazaric, Anastasia Nesvetailova, and Engelbert Stockhammer. "The Review of Evolutionary Political Economy inaugural issue, part 2." Review of Evolutionary Political Economy 1, no. 2 (August 2020): 145–48. http://dx.doi.org/10.1007/s43253-020-00020-5.

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38

Krasnopolski, Boris. "Evolutionary-Synergetic Approach to Assessing the Impact of State Regulation on the Development of Spatial-Economic Formations." Regionalistica 8, no. 5 (2021): 64–76. http://dx.doi.org/10.14530/reg.2021.5.64.

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The article deals with evolutionary-synergistic approach and its tools, which can be used in assessing the systemic-emergent efficiency of state regulation of the creation of spatial-economic formations. The general methodological issues of the spatial economy and the subject area of this discipline are analyzed, the structure of typical spatial-economic formation is determined, the role of internal and external elements of infrastructure in improving the efficiency of the spatial organization of the economy is revealed

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39

Neild, Robert. "The future of economics: The case for an evolutionary approach." Economic and Labour Relations Review 28, no. 1 (January 11, 2017): 164–72. http://dx.doi.org/10.1177/1035304616687445.

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Much theoretical and empirical work by economists and psychologists has shown that the neo-classical approach is defective, and economists are now looking for an alternative. Evolutionary economics is the answer. It starts from the realistic premise that society and the economy are shaped by competition, but unlike neo-classical economics, it proceeds empirically by observing and analysing what has been happening to the economy and society. It does so on the premise that a process of social selection is taking place, analogous but not identical to that of biological selection. This dynamic approach requires a revival of economic history. By reporting on, and inviting debate over, what is happening and its implications, the adoption of an evolutionary approach should help restore the moral content of economics and the surrounding social sciences. Such a change in approach would be a paradigm shift, and will take time. That it will happen is likely: in the end facts kick.

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40

Ahamer, Gilbert. "Scenarios of Systemic Transitions in Energy and Economy." Foresight and STI Governance 16, no. 3 (September 20, 2022): 17–34. http://dx.doi.org/10.17323/2500-2597.2022.3.17.34.

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For the energy economics sector, earlier forecasting approaches (e.g., a Kaya identity or a double-logarithmic function) proved too simplistic. It is becoming necessary to systemically include the emergence of new discrete evolutionary changes. This paper provides a novel quantitative forecasting method which relies on the Global Change Data Base (GCDB). It allows for the generation and testing of hypotheses on future scenarios for energy, economy, and land use on a global and country level. The GCDB method envisages systemic variables, especially quotients (such as energy intensity), shares (such as GDP shares, energy mix), and growth rates including their change rates. Thus, the non-linear features of evolutionary developments become quantitatively visible and can be corroborated by plots of large bundles of time-series data. For the energy industry, the forecasting of sectoral GDP, fuel shares, energy intensities, and their respective dynamic development can be undertaken using the GCDB method.

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41

Wynn, Thomas, Forrest Tierson, and Craig Palmer. "Sex differences and evolutionary by-products." Behavioral and Brain Sciences 19, no. 2 (June 1996): 265–66. http://dx.doi.org/10.1017/s0140525x00042643.

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AbstractFrom the perspective of evolutionary theory, we believe it makes more sense to view the sex differences in spatial cognition as being an evolutionary by-product of selection for optimal rates of fetal development. Geary does not convince us that his proposed selective factors operated with “sufficient precision, economy, and efficiency.” Moreover, the archaeological evidence does not support his proposed evolutionary scenario.

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42

Novikov, A. V. "THE DEVELOPMENT OF INTEGRATED BUSINESS GROUPS AS A FACTOR IN UPGRADING INDUSTRIAL COMPLEX." Strategic decisions and risk management, no. 6 (November 2, 2014): 84–88. http://dx.doi.org/10.17747/2078-8886-2011-6-84-88.

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In the article the main questions of crisis management associated with evolutionary factors in economy are being explored. The current state of economics evolutionary theory is being re-viewed. The main attention is paid to mobility of production systems as a property that allows the companies to overcome the difficulties of evolutionary struggle very fast and with low costs.

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43

Saint-paul, Gilles. "Some Evolutionary Foundations for Price Level Rigidity." American Economic Review 95, no. 3 (May 1, 2005): 765–79. http://dx.doi.org/10.1257/0002828054201251.

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This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with alternative rules of thumb. In the model, firms must set their prices in face of aggregate demand shocks. Their payoff depends on the level of aggregate demand, as well as on their own price and their “neighbor's” price. The latter assumption captures local interactions. Despite the fact that the rational expectations equilibrium (REE) is characterized by a simple pricing rule that firms can easily adopt, the economy does not converge to the REE for all parameter values. When the volatility of monetary innovations is low and interactions among firms are high, the aggregate price level exhibits rigidity, in that it does not fully react to contemporaneous aggregate demand shocks. We discuss the role of the nature of experimentation, and of path dependence driven by interactions, in explaining these results.

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44

GOLOBORODKO, Alona. "SOCIO-ECONOMIC PREREQUISITES AND DEVELOPMENT FACTORS OF DIGITAL TRANSFORMATION OF THE ECONOMY." Herald of Khmelnytskyi National University. Economic sciences 308, no. 4 (July 28, 2022): 125–30. http://dx.doi.org/10.31891/2307-5740-2022-308-4-19.

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The article analyzes the main prerequisites and factors of the development of digital transformations of the economy. Digitization has become an integral and important component of the functioning of a civilized society and the main link in the system of development and efficiency of social and economic activities of enterprises. Digital transformations are due to the development of the information society and cover all spheres of life: technical, social, economic, political, cultural. The digital economy has developed as a result of the global transformation of organizations and communications systems and the transition of an industrial society to a digital one. Two main approaches to digital transformations, namely evolutionary and revolutionary, are highlighted and characterized in the study. The study of the features of evolution and features of qualitative and quantitative changes in the system of socio-economic relations made it possible to identify four main stages of digital transformations in the world. Based on the study of the peculiarities of the evolution of digital transformations, the author highlights the main factors of the development of the digital economy in the article. Namely, digital finance, social networks, digital identification and cyber security, large volumes of data and mobility to access them, integration of several management systems and organization of economic activity, the possibility of collaboration in conducting offline and online business. Digital transformations are the result of building a model of interaction of all participants in socio-economic processes and the transition of society and states to a new high-quality level of consumption and provision of products, organization of flow processes and construction of the entire system of economic activity. Based on the established signs of digital transformations in socio-economic processes, the article reveals the components of the digital economy – supporting infrastructure, e-business, e-commerce, resource provision and digital governance.

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KOTKALOVA-LYTVYN, Inna. "INFORMATION ECONOMY: A NEW PARADIGM FOR ENTERPRISE MANAGEMENT." "EСONOMY. FINANСES. MANAGEMENT: Topical issues of science and practical activity", no. 4 (44) (April 2019): 77–82. http://dx.doi.org/10.37128/2411-4413-2019-4-9.

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The article investigates essence and content of the information economy, which, at the present stage of the global ecosystem is changing traditional narratives of economic theory. Article studies influence of post-industrial society to the origin of the information economy paradigm statements and its ecosystem. The author systematized conceptual provisions of foreign and domestic scientists on the essence and content of the information economy in the context of the evolution of development of this economic paradigm (starting from theory’s inception in 60s of the twentieth century up to modern theoretical and methodological developments). Based on research, the author concluded that the information economy is not just post-industrial wave of development. It is a separate, independent paradigm of world economic outlook, which is the result of evolutionary changes in the technological, economic, political and social arrangement on the general international level.

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Hu, Kevin, and Feng Fu. "Evolutionary Dynamics of Gig Economy Labor Strategies under Technology, Policy and Market Influence." Games 12, no. 2 (June 10, 2021): 49. http://dx.doi.org/10.3390/g12020049.

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The emergence of the modern gig economy introduces a new set of employment considerations for firms and laborers that include various trade-offs. With a game-theoretical approach, we examine the influences of technology, policy and markets on firm and worker preferences for gig labor. Theoretically, we present new conceptual extensions to the replicator equation and model oscillating dynamics in two-player asymmetric bi-matrix games with time-evolving environments, introducing concepts of the attractor arc, trapping zone and escape. While canonical applications of evolutionary game theory focus on the evolutionary stable strategy, our model assumes that the system exhibits oscillatory dynamics and can persist for long temporal intervals in a pseudo-stable state. We demonstrate how changing market conditions result in distinct evolutionary patterns across labor economies. Informing tensions regarding the future of this new employment category, we present a novel payoff framework to analyze the role of technology on the growth of the gig economy. Regarding governance, we explore regulatory implications within the gig economy, demonstrating how intervals of lenient and strict policy alter firm and worker sensitivities between gig and employee labor strategies. Finally, we establish an aggregate economic framework to explain how technology, policy and market environments engage in an interlocking dance, a balancing act, to sustain the observable co-existence of gig and employee labor strategies.

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Osarcar Barima, Joel. "Ghana's Evolutionary Role in a Changing World Economic Order." International Journal of Technology and Management Research 1, no. 1 (March 12, 2020): 37–47. http://dx.doi.org/10.47127/ijtmr.v1i1.8.

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The world economy has been passing through interesting and significant changes for several years now promising for some (the emerging countries in particular) and not so promising for others (the developed countries). Huge transfer of resources has taken place and the process is continuing. In this context, it is but natural for African observers to raise the question: African share of world resources remaining somewhat unchanged (as per the World Bank data), what is the role and future of the African countries in this changing scenario? Are they going to be partners in the transfer of resources that is being experienced? An attempt has been made here to examine the case of Ghana – a leading economy in the continent. The author wouldcontendthatalthoughthecountryispoisedtogrowspectacularlyassomeforecasterswouldenvisage,thanks to the prospect of oil revenues, Ghana has to traverse a long way if it is to be noticed in the world bodies. Growth and development must occur in substantive measures from the present state of affairs. Agriculture, almost the backbone for any developing country, must take the lead to offer meaningful support to the more promising industry. The real economy, in its basic form, must be properly understood, developed and managed with strategic investments in place. And this must be followed by or accompanied with a vibrant knowledge-based service economy. Failing this, the burgeoning oil wealth may only be hallucinatory at best. Keywords: Ghanaianeconomy;Worldeconomicorder;Economicforecast

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Tsou, Ming-Cheng. "Integration of a Geographic Information System and Evolutionary Computation for Automatic Routing in Coastal Navigation." Journal of Navigation 63, no. 2 (February 23, 2010): 323–41. http://dx.doi.org/10.1017/s0373463309990385.

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Suitable route planning is related to the safety and economy of navigation. However, route planning has become increasingly complex over the years and the planning process requires a large amount of oceanic environmental information. In order to use the oceanic environmental information effectively and improve the efficiency of route planning, this research employed a Geographic Information System (GIS) as the platform for enabling two-phase automatic route generation design. Firstly, through GIS's spatial data management, spatial analysis and geometric computation capability, the presence of the obstacle is detected and candidate routes are automatically generated. These are provided to the evolutionary algorithm as the basis for preliminary population calculation. Then, a specially designed evolutionary algorithm is used for route elimination to obtain the optimal route, resulting in the most-recommended routes that encompass safety and economy. This technique is more efficient than evolutionary computation techniques that use traditional random searches. At the same time, this targets safety and economy, providing a reference for developing a route planning strategy.

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A. Zh. Baimukhametova. "EVOLUTIONARY CHANGES IN THE CONTENT OF INNOVATIVE ENTREPRENEURSHIP." Bulletin of the National Engineering Academy of the Republic of Kazakhstan 3, no. 77 (October 15, 2020): 141–47. http://dx.doi.org/10.47533/2020.1606-146x.21.

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The purpose of the article is to trace the evolutionary path of innovative entrepreneurship development, as well as to justify the need for modern methods of managing a high-tech economy. In the article the importance of business at different levels of economic development analyzed, the works of the innovation management classics and entrepreneurship were studied and approaches to the development of countries entrepreneurship with high growth rates in the Global Innovation Index were compared. The relevance of the article is caused by the increasing role of entrepreneurship in industry 4.0. New approaches to business processes are important from the innovation management point of view. The methodological base of the research is empirical research methods such as: system and comparative analysis, analysis of cause and effect relationships, observation, grouping.

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Turner, Piers Norris. "Mill's Evolutionary Theory of Justice: Reflections on Persky." Utilitas 32, no. 2 (October 23, 2019): 131–46. http://dx.doi.org/10.1017/s0953820819000396.

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AbstractJoseph Persky's excellent book, The Political Economy of Progress: John Stuart Mill and Modern Radicalism, shows that J. S. Mill's support for socialism is a carefully considered element of his political and economic reform agenda. The key thought underlying Persky's argument is that Mill has an ‘evolutionary theory of justice’, according to which the set of institutions and practices that are appropriate to one state of society should give way to a new set of institutions as circumstances change and the people themselves improve. However, Persky does not spend a great deal of time discussing Mill's theory of reform, in particular the principles he believes should guide our reform efforts. Reflecting on these principles – notably his principle of impartiality or equal treatment – shows the consistency of Mill's thought over time.

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