[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/spr/joevec/v13y2003i4p385-410.html
   My bibliography  Save this article

From teleology to evolution

Author

Listed:
  • Siegfried Berninghaus
  • Werner Güth
  • Hartmut Kliemt
Abstract
This paper focuses on the uneasy alliance of rational choice and evolutionary explanations in modern economics. While direct evolutionary explanations rule out "purposeful" rational choice by assuming "zero-intelligence" and pure rational choice explanations leave no room for "selective" adaptation, the indirect evolutionary approach integrates both perspectives. Subsequently we go stepwise "from teleology to evolution" and thereby study the model spectrum ranging from pure rational choice over indirect to direct evolutionary approaches. We believe that knowledge of this spectrum can help us to choose more adequate models of economic behavior that incorporate both teleological and evolutionary elements. Copyright Springer-Verlag Berlin/Heidelberg 2003

Suggested Citation

  • Siegfried Berninghaus & Werner Güth & Hartmut Kliemt, 2003. "From teleology to evolution," Journal of Evolutionary Economics, Springer, vol. 13(4), pages 385-410, October.
    • Handle: RePEc:spr:joevec:v:13:y:2003:i:4:p:385-410
    DOI: 10.1007/s00191-003-0161-0
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s00191-003-0161-0
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s00191-003-0161-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guth, Werner & Pull, Kerstin, 2004. "Will equity evolve?: an indirect evolutionary approach," European Journal of Political Economy, Elsevier, vol. 20(1), pages 273-282, March.
    2. Jack Vromen, 2004. "Routines, genes and program-based behaviour," Papers on Economics and Evolution 2004-20, Philipps University Marburg, Department of Geography.
    3. Siegfried K. Berninghaus & Werner Güth, 2002. "NOW OR LATER? - An Analysis of the Timing of Threats in Bargaining," Papers on Strategic Interaction 2002-38, Max Planck Institute of Economics, Strategic Interaction Group.
    4. Werner Gueth & Hartmut Kliemt, 2021. "Sustainable Procedures of Corporate Social Responsibility," MAGKS Papers on Economics 202108, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    5. Graciela Kuechle, 2019. "The contribution of behavior genetics to entrepreneurship: An evolutionary perspective," Journal of Evolutionary Economics, Springer, vol. 29(4), pages 1263-1284, September.
    6. Kuechle, Graciela, 2011. "Persistence and heterogeneity in entrepreneurship: An evolutionary game theoretic analysis," Journal of Business Venturing, Elsevier, vol. 26(4), pages 458-471, July.
    7. Smith, Peter, 2004. "Reworking the Standard Model of Competitive Markets: The Role of Fuzzy Logic and Genetic Algorithms in Modelling Complex Non-Linear Economic System," General Discussion Papers 30569, University of Manchester, Institute for Development Policy and Management (IDPM).
    8. Aleksander Berentsen & Esther Bruegger & Simon Loertscher, "undated". "Heterogeneity, Local Information, and Global Interaction," IEW - Working Papers 182, Institute for Empirical Research in Economics - University of Zurich.
    9. Hartmut Kliemt, 2010. "The PPE enterprise: Common Hobbesian roots and perspectives," Politics, Philosophy & Economics, , vol. 9(4), pages 398-410, November.
    10. Janssen, Marco A., 2008. "Evolution of cooperation in a one-shot Prisoner's Dilemma based on recognition of trustworthy and untrustworthy agents," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 458-471, March.
    11. Werner Güth & Manfred Stadler, 2007. "Path dependence without denying deliberation— a continuous transition model connecting teleology and evolution," Journal of Evolutionary Economics, Springer, vol. 17(1), pages 45-52, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joevec:v:13:y:2003:i:4:p:385-410. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.