Group for Research in Organisational Evolution
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Thorstein Veblen 

"The outcome of any serious research can only be to make two questions grow where only one grew before."




Charles Darwin

"... the theory of Natural Selection ... implies no necessary tendency to progression."





Alfred Marshall

“... facts by themselves are silent. Observation discovers nothing directly of the actions of causes, but only of sequences in time.”



Albert Einstein

“It is the theory that describes what we can observe.”



 Willam James 

“Habit is thus the enormous fly-wheel of society, its most precious conservative agent.”




Douglass North

"The development of more efficient economic organization is surely as important a part of the growth of the Western World as is the development of technology, and it is time it received equal attention."



 Richard Nelson and Sidney Winter

"routines play the role that genes play
in biological evolutionary theory"



 J Stanley Metcalfe

"Evolutionary theory is a manner of reasoning in its own right ... biologists ... simply got there first"



Recent Research Publications

Research output involving GROE members and PhD students from January 2012.




Francesca Gagliardi (forthcoming) Varieties of Capitalism and Firm Performance: The Institutional Context of Economic Organisation (Cheltenham: Edward Elgar).

David Gindis (forthcoming) Corporate Personality and the Theory of the Firm (Cheltenham: Edward Elgar).

Geoffrey M. Hodgson (ed.) (2012) Mathematics and Modern Economics (Cheltenham: Edward Elgar).

Geoffrey M. Hodgson (2013) From Pleasure Machines to Moral Communities: Toward an Evolutionary Economics without Homo Economicus (Chicago: University of Chicago Press) .

Geoffrey M. Hodgson (2015) Conceptualizing Capitalism: Institutions, Evolution, Future (Chicago: University of Chicago Press). Winner of the 2014 Schumpeter Prize.

Tassos Patokos (2013) Internal Game Theory (London and New York: Routledge).



Journal Articles


Simon Deakin, David Gindis, Geoffrey M. Hodgson, Kainan Huang and Katharina Pistor (forthcoming), ‘Legal Institutionalism: Capitalism and the Constitutive Role of Law’, Journal of Comparative Economics, forthcoming.

Denise E. Dollimore (2014) ‘Untangling the Conceptual Issues Raised in Reydon and Scholz’s Critique of Organizational Ecology and Darwinian Populations’, Philosophy of the Social Sciences,44(3), June, pp. 281-314.

Denise E. Dollimore (2014) ‘Darwinism and Organizational Ecology: A Reply to Reydon and Scholz', Philosophy of the Social Sciences,44(3), June, pp. 374-381. 

Francesca Gagliardi (forthcoming) 'Institutions and Economic Change', Journal of Comparative Economics (forthcoming).

David Gindis (2016) 'Legal personhood and the firm: avoiding anthropomorphism and equivocation', Journal of institutional Economics (forthcoming).

John Gowdy, Denise E. Dollimore, David Sloan Wilson and Ulrich Witt (2013) 'Economic Cosmology and the Evolutionary Challenge', Journal of Economic Behavior and Organization, 90S, pp. S11-S20. Available online HERE.

Geoffrey M. Hodgson (2012) ‘Toward an Evolutionary and Moral Science: Remarks on Receiving the Veblen-Commons Award’, Journal of Economic Issues, June, 44(2), pp. 265-75.

Geoffrey M. Hodgson (2012) ‘On the Limits of Rational Choice Theory’, Economic Thought, 1(1), published online.

Geoffrey M. Hodgson (2012) ‘The Mirage of Microfoundations’, Journal of Management Studies49(8), 2012, p. 1389-94. DOI: 10.1111/j.1467-6486.2012.01079.x..

Geoffrey M. Hodgson (2013) ‘Observations on the Legal Theory of Finance’, Journal of Comparative Economics, 44(2), May 2013, pp. 331-337.

Geoffrey M. Hodgson (2013) Understanding Organizational Evolution:  Toward a Research Agenda using Generalized Darwinism’, Organization Studies, 34(7), July, pp. 973-992, doi:10.1177/0170840613485855

Geoffrey M. Hodgson (2013) ‘Come back Marshall, all is Forgiven? Complexity, Evolution, Mathematics and Marshallian Exceptionalism’, European Journal of the History of Economic Thought, 20(6), December, pp. 957-81.

Geoffrey M. Hodgson (2013) ‘On the Complexity of Economic Reality and the History of the use of Mathematics in Economics’, Filosofía de la Economía, 1(1), Invierno 2013, pp. 125-148.

Geoffrey M. Hodgson (2013) ‘Observations on the Legal Theory of Finance’, Journal of Comparative Economics, 44(2), May, pp. 331-337.

Geoffrey M. Hodgson (2014) ‘The Evolution of Morality and the End of Economic Man’, Journal of Evolutionary Economics, 24(1), January, pp. 83-106.

Geoffrey M. Hodgson (2014) 'What is Capital? Economists and sociologists have changed its meaning – Should it be changed back?’ Cambridge Journal of Economics, 38(5), September 2014, pp. 1063-86. doi: 10.1093/cje/beu013.

Geoffrey M. Hodgson (2014) ‘On Fuzzy Frontiers and Fragmented Foundations: Some Reflections on the Original and New Institutional Economics’, Journal of Institutional Economics, 10(4), December 2014, pp. 591-611.

Geoffrey M. Hodgson (2014) ‘What is Capital? Economists and sociologists have changed its meaning – Should it be changed back?’ Cambridge Journal of Economics, 38(5), September 2014, pp. 1063-86.

Geoffrey M. Hodgson (2015) ‘Much of the ‘Economics of Property Rights’ Devalues Property and Legal Rights’, Journal of Institutional Economics, 11(4), December.

Geoffrey M. Hodgson (2016) ‘The Future of Work in the Twenty-First Century’, Journal of Economic Issues, forthcoming.

Geoffrey M. Hodgson and Kainan Huang (2012) ‘Evolutionary Economics and Evolutionary Game Theory: Are They Different Species?’, Journal of Evolutionary Economics22, pp. 345-66.

Geoffrey M. Hodgson and Kainan Huang (2013) ‘Brakes on Chinese Economic Development: Institutional Causes of a Growth Slowdown’, Journal of Economic Issues, 47(3), September, pp. 599-622.

Geoffrey M. Hodgson and Thorbjørn Knudsen (2012) ‘Agreeing on Generalised Darwinism: A Response to Pavel Pelikan’, Journal of Evolutionary Economics, 22(1), pp. 9-18. 

Geoffrey M. Hodgson and Thorbjørn Knudsen (2012) ‘Underqualified - Maximal Generality in Darwinian Explanation: A Response to Matt Gers’, Biology and Philosophy, 27(4), pp. 607-14.

Geoffrey M. Hodgson and Thorbjørn Knudsen (2012) ‘Generalized Darwinism and Evolutionary Economics: From Ontology to Theory’, Biological Theory, 6(4), pp. 326-37.

J. M. Katsimpris, I. K. Petropoulos, G. Zoukas, G., Tassos Patokos, C.K. Brinkmann and P. E. Theoulakis (2012), “Central Foveal Thickness Before and After Cataract Surgery in Normal and in Diabetic Patients without Retinopathy”, Klinische Monatsblatter fur Augenheilkunde 229(4): 331-7.

Alexander Lascaux (2012) ‘Money, Trust and Hierarchies: Understanding the Foundations for Placing Confidence in Complex Economic Institutions’, Journal of Economic Issues, 46(1), March, pp. 75-99.

Tassos Patokos, (2014) “Introducing Disappointment Dynamics and Comparing Behaviours in Evolutionary Games”, Games 5(1): 1-2.

Tassos Patokos, (2014) “The Concept of Subgame Perfection”, International Journal of Mathematics, Game Theory and Algebra 23(1)

Tassos Patokos, (2014) “Directing the Students’ Mind Games: A Game Theoretical View of the Learning Process”, Blended Learning in Practice



Chapters in Books


Geoffrey M. Hodgson (2012) ‘Thorstein Veblen: The Father of Evolutionary and Institutional Economics’, in Erik S. Reinert and Francesca Lidia Viano (eds) (2012) Thorstein Veblen: Economics for an Age of Crises (Anthem), pp. 283-95.

Geoffrey M. Hodgson (2012) ‘From Utilitarianism to Evolution in Ecological Economics’, in Julien-François Gerber and Rolf Sreppacher (eds) (2012) Toward an Integrated Paradigm for Heterodox Economics (London: Palgrave Macmillan), pp. 147-67.

Geoffrey M. Hodgson (2013) ‘Dr Blaug’s Diagnosis: Is Economics Sick?’ in Marcel Boumans and Matthias Klaes (eds) (2013) Mark Blaug: Rebel with Many Causes (Cheltenham UK and Northampton MA: Edward Elgar), pp. 78-97.

Geoffrey M. Hodgson (2013) ‘Organizational Adaptation and Evolution: Darwinism versus Lamarckism?’ in Anna Grandori (ed.) (2013) Handbook of Economic Organization: Integrating Economic and Organization Theory (Cheltenham UK and Northampton MA: Edward Elgar), pp. 157-71.

Geoffrey M. Hodgson (2014) ‘Helping the Homeless: Reflections on Editing Journals Outside the Mainstream’, in Michael Szenberg and Lall Ramrattan (eds) (2014) Secrets of Economics Editors (Cambridge MA: MIT Press), pp. 283-96.

Geoffrey M. Hodgson (2014) ‘Which Way for Economics After the Crisis? Marxism versus New-Old Institutionalism’, in Sebastiano Fadda and Pasquale Tridico (eds) (2014) Institutions and Development After the Financial Crisis (London and New York: Routledge), pp. 61-82.

Tassos Patokos (2013) “Psychological Game Theory and the Role of Beliefs”. In Psychology of Gaming, Nova Publishers.

Tassos Patokos (2013) “The Concept of Subgame Perfection: Some Discontents”. In Game Theory: Economics, Theoretical Concepts and Finance Applications, Nova Publishers



Working Papers and Conference Presentations


Denise E. Dollimore, ‘The Meaning of Evolutionary language in the Study of Organisations: Lost in translation?’ WINIR Inaugural Conference, Greenwich, London. 11-14 September 2014.

Denise E. Dollimore, ‘The Origins of Organisational Routines: Dispositions of Founding Entrepreneurs’, ISBE 37th International Conference, Manchester, 5-6 November 2014. Won Best Conference Paper award.