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Evolutionary economics is the most challenging unorthodox§approach to economic theory that has been developed in the§last decades. The present volume offers a survey as well as§a carefully selected sample of important new insights from a§broad range of topics in economics:§- the dynamics of institutional change§- aggregate employment effects of diffusing innovations§- institutional regimes of long run growth§- indeterminaciesresulting expectation formation in the§economy§- the synergetic approach and its application to market§morphology.§The volume documentsa variety of modeling tools in§evolutionary economics and offers a series ofstimulating§hypotheses and research results. Its reading is a `must' for§all scholars with an interest in economic change.