Have a personal or library account? Click to login
A synthesis of evolutionary and behavioural economics Cover

A synthesis of evolutionary and behavioural economics

By: Jan Polowczyk  
Open Access
|Oct 2021

Abstract

The article presents the current state of evolutionary economics against the backdrop of changes related to the potential use of the achievements of other social sciences, in particular psychology, as well as dynamically developing neuroscience. The article suggests a synthesis of evolutionary and behavioural economics concepts as a logical consequence of evolutionary cooperation processes in social sciences. Interdisciplinary initiatives create new perspectives on generation synergy effects for all participants.

Contemporary evolutionary economists present the nature of ongoing innovation-driven economic change as a long evolutionary process. The main creator of the econosphere as a global system is a man–entrepreneur who is also the result of evolutionary processes. For this reason evolutionary economics should take into account the results of behavioural economics’ research based on modern psychology and neuro-science. The cornerstone of evolutionary and behavioural economics synthesis are the theories of Adam Smith which should be regarded as his holistic intellectual heritage.

DOI: https://doi.org/10.18559/ebr.2021.3.3 | Journal eISSN: 2450-0097 | Journal ISSN: 2392-1641
Language: English
Page range: 16 - 34
Submitted on: Apr 15, 2021
Accepted on: Aug 17, 2021
Published on: Oct 16, 2021
Published by: Poznań University of Economics and Business Press
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2021 Jan Polowczyk, published by Poznań University of Economics and Business Press
This work is licensed under the Creative Commons Attribution 4.0 License.