In this paper we review evolutionary economic modelling in relation to environmental policy. We discuss three areas in which evolutionary economic models have a particularly high added value for environmental policy-making: the double externality problem, technological transitions and consumer demand. We explore the possibilities to apply evolutionary economic models in environmental policy ass...

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This article addresses the origins of Veblen's evolutionary economics, as announced in his 1898 essay "Why is economics not an evolutionary science?'. Before 1897, and partly under the influence of C. Lloyd Morgan, Veblen rejected biological reductionism. Veblen's 1897 endorsement of a critique of Marxism by Max Lorenz shows that he found Karl Marx's account of human action too limiting. By thi...

This paper is concerned with empirical approaches within the field of evolutionary economics. Evolutionary economics devotes special emphasis on the heterogeneity of actors with respect to their technological performance as well as to their inventive and innovative success. This causes major methodological problems which require appropriate measures and methods for their solution. This article ...

The premise of this paper is that the systematic comparison of the markets-as-networks research tradition with cognate research traditions in the social and management sciences will bring about a fruitful cross-fertilisation of ideas, potentially resulting in the creation of an enriched research agenda. Specifically, the paper analyses the similarities and differences between the markets-as-net...