Bioeconomics

Bioeconomics
A progressive branch of social science that seeks to integrate the disciplines of economics and biology for the sole purpose of creating theories that do a better job of explaining economic events using a biological basis and vice versa. The proponents of bioeconomics believe that the same patterns that can be seen in biological evolution can be applied to stock market behavior, as many of the same "causal interactions" and "survival elements" can be found there as well as in nature.

In nature, we see groups of different organisms working together to best utilize the resources needed to sustain life, while still promoting a "survival of the fittest" framework. Like behavioral finance and other applied economic schools, bioeconomics is another example of economic theory branching out of classical boundaries and attempting to better explain the complex economies of today.


Investment dictionary. . 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Bioeconomics — is the study of the dynamics of living resources using economic models. It is an attempt to bridge the empirical culture of biology and the theoretical culture of economics, through methodology such as environmental economics and ecological… …   Wikipedia

  • Heterodox economics — refers to the approaches, or schools of economic thought, that are considered outside of mainstream, that is, orthodox economics. Heterodox economics is an umbrella term used to cover various separate unorthodox approaches, schools, or traditions …   Wikipedia

  • Nicholas Georgescu-Roegen — Born 1906 Constanţa, Romania Died …   Wikipedia

  • Bioökonomie — Die Bioökonomie ist die Ökonomie des Lebendigen, eine Fachbezeichnung für die Darstellung des ökonomischen Gehalts lebender Systeme. Als systemisches Forschungsfeld ist die Bioökonomie zum technischen Ansatz der Bionik komplementär, indem sie… …   Deutsch Wikipedia

  • Energy Accounting — is the hypothetical system of distribution, proposed by Technocracy Incorporated in the Technocracy Study Course , which would record the energy used to produce and distribute goods and services consumed by citizens in a Technate.… …   Wikipedia

  • Peter Corning — Peter Andrew Corning (1935) is an American biologist, consultant, and complex systems scientist, and Director of the Institute for the Study of Complex Systems, in Palo Alto, California, and is known especially for his work on the causal role of… …   Wikipedia

  • Michael Ghiselin — Michael T. Ghiselin is an American biologist, philosopher/historian of biology currently at the California Academy of Sciences. B.A., University of Utah (1960); Ph.D., Stanford University (1965); Postdoctoral Fellow, Harvard University (1964–65); …   Wikipedia

  • Nicholas Georgescu-Roegen — Nicholas Georgescu Roegen. Nicholas Georgescu Roegen, quien al nacer recibió el nombre de Nicolae Georgescu (Constanţa, Rumania, 4 de febrero de 1906 – Nashville, Tennessee, 30 de octubre de 1994), fue un matemático rumano, estadístico y… …   Wikipedia Español

  • Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics …   Wikipedia

  • Social sciences — The social sciences comprise academic disciplines concerned with the study of the social life of human groups and individuals including anthropology, communication studies, criminology, economics, geography, history, political science, psychology …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”