Several core issues in economics and biology overlap substantially. At the theoretical level, these include analogies and differences among rational choice, learning, genetic evolution and cultural evolution. At the empirical level, they include the structure of decision making, its neural basis and, more generally, human nature. We illustrate here the increasingly important collaboration betwe...

‘Economic progress’ is an important normative concept to make welfare statements. However, most such approaches are static, not only including behaviorally unsound assumptions, but also relying on the assumption of given and unchanging preferences. Given increasing income through innovations, new opportunities come into existence. This does not lend plausibility to the idea of unchanging prefer...

The purpose of this article is to discuss the contributions of the evolutionary theory of innovation on the micro and meso dynamics of environmental innovations. We argue that the evolutionary literature on innovation, and more particularly on technological regimes, provides a relevant framework in order to analyse the various determinants of environmental innovations and the double externality...

Laboratory experiments have generally supported the theorem that, in classical property rights environments, noncooperative behavior in markets yields efficient social outcomes. Experiments, however, regularly fail to support the game theoretic prediction of noncooperative behavior in small-group strategic interaction and in large-group public good environments. In these two types of experiment...

A scientific paradigm of irreversible changes in the natural sciences has opened new prospects in economic researches. The modern school of evolutionism offers a wide variety of economic development models. However the evolutionary approach, rather successfully applied on the theory of company and innovation, has not received adequate development in the analysis of macroeconomic processes. So t...

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our ancestors without fear, worry and anxiety are not our ancestors, as organisms without defense systems were extinct. therefore, while behavior such as fear and anxiety are useful to prevent harm, the exaggerated form, that is, anxiety disorders, has more costs than benefits. likewise, while a panic attack is a normal and useful response in the face of life-threatening danger, a panic disorde...

ions, those effectively removed from general considerations of market operation and