Evolutionary economics in general and technology studies in particular have tended to focus too much on supply-side considerations and competitive selection arguments. The consequence of this lopsided view is a poorly developed sense of the role of network and complexity analysis in understanding the process of economic transformation. We argued here that consumption is about [...]
An analytical hold on this perspective is achievable, not by trying to extend preference theory by ever higher order algebraic relaxations, but rather by rethinking the geometry of the space in which preferences are compiled and operated, and of the dynamics of this process. Network theory has come a remarkably long way in recent years, [...]
The growth of economies depends on the expansion of consumption sets, either through our inherent desire for novelty or through the power of marketing in expanding the range of goods and services we aspire to consume. As economic growth proceeds, more and more of the connections that we forge with others become economic in nature, [...]
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