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Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-22553
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dc.contributor.authorHartwell, Christopher A.-
dc.date.accessioned2021-05-27T14:01:31Z-
dc.date.available2021-05-27T14:01:31Z-
dc.date.issued2017-
dc.identifier.issn0943-0180de_CH
dc.identifier.issn2366-6161de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/22553-
dc.description.abstractComplexity theory allows for a non-equilibrist approach to the economy, an approach that is shared by new institutional economics. Drawing on lessons from both schools of thought, this paper examines institutions as their own complex adaptive systems, even as they are nested in larger institutional systems and the broader economy. Tracing the evolution of an economy as the sum of its institutional parts, I examine the idea of development as the improvement of institutions. The key finding of this examination is that some aspects of complexity theory, relying on institutional and Austrian approaches, actually come full circle to a neoclassical prescription of laissez-faire in regard to institution-building. Given the complexity of both institutions and institutional systems, it is may be more important to remove political and other barriers from the path of institutional development than to actively engage in institution-building in order to encourage development. This too, unfortunately, faces challenges as a result of complexity.de_CH
dc.language.isoende_CH
dc.publisherSpringerde_CH
dc.relation.ispartofHomo Oeconomicusde_CH
dc.rightshttp://creativecommons.org/licenses/by/4.0/de_CH
dc.subjectComplexity theoryde_CH
dc.subjectEquilibriumde_CH
dc.subjectGrowthde_CH
dc.subjectInstitutionde_CH
dc.subject.ddc330: Wirtschaftde_CH
dc.titleUnderstanding “development” : insights from some aspects of complexity theoryde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInternational Management Institute (IMI)de_CH
dc.identifier.doi10.1007/s41412-017-0050-7de_CH
dc.identifier.doi10.21256/zhaw-22553-
zhaw.funding.euNode_CH
zhaw.issue2-3de_CH
zhaw.originated.zhawNode_CH
zhaw.pages.end190de_CH
zhaw.pages.start165de_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume34de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
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Hartwell, C. A. (2017). Understanding “development” : insights from some aspects of complexity theory. Homo Oeconomicus, 34(2-3), 165–190. https://doi.org/10.1007/s41412-017-0050-7
Hartwell, C.A. (2017) ‘Understanding “development” : insights from some aspects of complexity theory’, Homo Oeconomicus, 34(2-3), pp. 165–190. Available at: https://doi.org/10.1007/s41412-017-0050-7.
C. A. Hartwell, “Understanding “development” : insights from some aspects of complexity theory,” Homo Oeconomicus, vol. 34, no. 2-3, pp. 165–190, 2017, doi: 10.1007/s41412-017-0050-7.
HARTWELL, Christopher A., 2017. Understanding “development” : insights from some aspects of complexity theory. Homo Oeconomicus. 2017. Bd. 34, Nr. 2-3, S. 165–190. DOI 10.1007/s41412-017-0050-7
Hartwell, Christopher A. 2017. “Understanding “Development” : Insights from Some Aspects of Complexity Theory.” Homo Oeconomicus 34 (2-3): 165–90. https://doi.org/10.1007/s41412-017-0050-7.
Hartwell, Christopher A. “Understanding “Development” : Insights from Some Aspects of Complexity Theory.” Homo Oeconomicus, vol. 34, no. 2-3, 2017, pp. 165–90, https://doi.org/10.1007/s41412-017-0050-7.


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