Evolutionary and Institutional Economics Review - Call For Papers "Microfoundation of Evolutionary Economics and Its Application Part 2"
Guest Editor: Kazuhiro Kurose (Tohoku University)
kazuhirokurose@tohoku.ac.jp
Associate Editor: Hiroshi Nishi (Hannan University)
nishi@hannan-u.ac.jp
Due Date: February 28, 2023 January 31, 2024 May 31, 2024
Planned Publication Issue: The September 2023 Issue The April 2024 Issue The September 2024 Issue
Our society and economic system are huge and rapidly evolving with technological progress. Meanwhile, the system is organised by decentralised and minimally rational agents. The system sometimes faces severe economic fluctuations, but it mostly realises seemingly spontaneous stability in its evolutionary process. How can such stability with evolution in a huge and decentralised economic system be established? What is its plausible foundation working at a microeconomic level? How is that foundation associated with an aggregate economic and social phenomenon? Standard economics supposes the rational behaviour, preferences, technologies, markets, institutions, and organisations as given, and answers that this is because there exists a unique equilibrium that realises an efficient resource allocation under a certain set of assumptions.
However, in reality, most economic entities change or evolve. Therefore, as far as the perfect rationality of economic agents and equilibrium are placed at the core of the theory, it is difficult to correctly recognise and analyse the real economy where many entities change or evolve as it stands. Hence, an evolutionary point of view is the best way to understand the economy and its development, which Shiozawa, Y., Morioka, M., & Taniguchi, K. (2019) Microfoundations of evolutionary economics, Springer, put as the central dogma of evolutionary economics. Their book encourages us to build an independent approach with a solid and original microfoundation to truly consider the nature, causes, and effects of economic evolution. It also aims to creatively deconstruct the microfoundation of standard economics with an alternative approach.
In this vein, the Evolutionary and Institutional Economics Review (EIER) plans to launch a special issue on “Microfoundation of evolutionary economics and its application”. The special issue calls for papers on foundational, theoretical, applied, and empirical studies in evolutionary economics. Studies in management science are warmly welcomed as firms and organisations are the warehouses of innovation and technological changes. Studies in the following fields are particularly encouraged but are not limited to these sample topics.
- Foundation of economics from an evolutionary perspective
- Management science in evolutionary economics
- Evolution and institution in economics
- History of thought for microfoundation and evolutionary economics
- Prices, demand, and structural dynamics from an evolutionary economics perspective
- Value, distribution, and production in evolutionary economics
- Applied evolutionary economics (e.g. input-output analysis, agent-based modelling, empirical analyses, computer simulation)
- Economic policy in evolutionary economics in the age of with/post-COVID-19.
Please follow the submission guidelines (this opens in a new tab) when preparing your manuscript.
Papers must be submitted to the journal's submission system (this opens in a new tab). Please select “Yes” for the question “Does this manuscript belong to a special issue?” found at the bottom of the Additional Information tab and then select the special issue “S.I. : Microfoundation of Evolutionary Economics and Its Application”. Also please write "Microfoundation of Evolutionary Economics and Its Application" in the "Enter Comments" field during the submission process.
Unfortunately, it will take a while for the submission system to be ready to receive submissions for this special issue topic. Please refrain from submitting your paper until further notice will be made in this page. Please note that the system can receive other paper submissions (i.e., papers not intended for this special issue) as usual.
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