Ad
related to: evolutionary biology theory definition economics science and technology
Search results
Results From The WOW.Com Content Network
Evolutionary economics is a school of economic thought that is inspired by evolutionary biology.Although not defined by a strict set of principles and uniting various approaches, it treats economic development as a process rather than an equilibrium and emphasizes change (qualitative, organisational, and structural), innovation, complex interdependencies, self-evolving systems, and limited ...
Kenneth E. Boulding's evolutionary perspective is an approach to economics (see also evolutionary economics) put forward most completely in his Ecodynamics (1978) and Evolutionary Economics (1981) had roots in his 1934 work on population theory and the age structure of capital as well as his Reconstruction (1950) with chapter titles like "An Ecological Introduction" and "The Theory of the ...
"Uncertainty, Evolution, and Economic Theory" is an article published in 1950 which was written by economist Armen Alchian. In this article, Alchian delineates an evolutionary approach to describe firms' behavior. His theory embodies principles of biological evolution and natural selection. This article is among the first in the economics ...
Environmental determinism is a social science theory that proposes that it is the environment that ultimately determines human culture. Evolutionary economics studies the variation and selection of economic phenomena, such as commodities, technologies, institutions and organizations. [27]
The term "technological evolution" captures explanations of technological change that draw on mechanisms from evolutionary biology. Evolutionary biology was originally described in On the Origin of Species by Charles Darwin. In the style of this catchphrase, technological evolution can be used to describe the origin of new technologies.
Evolutionary biology is the subfield of biology that studies the evolutionary processes such as natural selection, common descent, and speciation that produced the diversity of life on Earth.
The theory proposes that most evolution is characterized by long periods of evolutionary stability, infrequently punctuated by swift periods of branching speciation. The theory was contrasted against phyletic gradualism , the popular idea that evolutionary change is marked by a pattern of smooth and continuous change in the fossil record.
Evolutionary biology, in particular the understanding of how organisms evolve through natural selection, is an area of science with many practical applications. [1] [2] Creationists often claim that the theory of evolution lacks any practical applications; however, this claim has been refuted by scientists. [3]