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Meta-Rules

Author

Listed:
  • Mark Schreiner

    (Washington University in St. Louis)

Abstract

Meta-rules, or rules for making rules, determine the costs of innovation and thus the pace of economic growth. Adapting rules to a changing economic environment through explicit, well-designed meta-rules makes economic growth quicker, less painful, and more certain than adapting rules through chance-based evolution.

Suggested Citation

  • Mark Schreiner, 2001. "Meta-Rules," Development and Comp Systems 0109006, University Library of Munich, Germany, revised 27 Dec 2001.
    • Handle: RePEc:wpa:wuwpdc:0109006
    Note: Type of Document - Adobe Acrobat 3.0; prepared on Windows 98; to print on Adobe Acrobat 3.0; pages: ; figures: Included in pdf file
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    References listed on IDEAS

    as
    1. Boulding, Kenneth E., 1981. "Agricultural Economics In An Evolutionary Perspective," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279250, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    3. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    4. Arthur J. Robson, 2001. "The Biological Basis of Economic Behavior," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 11-33, March.
    5. Kenneth E. Boulding, 1981. "Agricultural Economics in an Evolutionary Perspective," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(5), pages 788-795.
    6. Douglass C. North & Robert Paul Thomas, 1970. "An Economic Theory of the Growth of the Western World," Economic History Review, Economic History Society, vol. 23(1), pages 1-17, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    meta; theory; economics of economics; evolutionary economics;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian

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