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On the economics of increasing complexity: With some special focus on culture

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  • Puu, T.

Abstract

This contribution seeks to find a setting in which evolution in terms of changing structure, rather than growth within a given structure, can be modelled. In particular the evolution of increasing complexity is focused. The setting chosen uses Lancasterian property space as an invariant in which the changing, emerging, and disappearing actual implements are property bundles. The aim is to produce a development tree like the Darwinian, and the tool used for modelling the branching bifurcations is catastrophe theory.

Suggested Citation

  • Puu, T., 2010. "On the economics of increasing complexity: With some special focus on culture," Journal of Economic Behavior & Organization, Elsevier, vol. 75(1), pages 59-68, July.
    • Handle: RePEc:eee:jeborg:v:75:y:2010:i:1:p:59-68
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    References listed on IDEAS

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    1. Tönu Puu, 2006. "Arts, Sciences, and Economics," Springer Books, Springer, number 978-3-540-34424-7, December.
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    Cited by:

    1. repec:fgv:epgrbe:v:66:n:3:a:1 is not listed on IDEAS
    2. Gomes, Orlando, 2012. "Attentiveness cycles: Synchronized behavior and aggregate fluctuations," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 66(3), October.
    3. Orlando Gomes, 2012. "Endogenous Heterogeneity, the Propagation of Information and Macroeconomic Complexity," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 6(1), pages 38-58, March.

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