Evolutionary arguments are often used to justify the fundamental behavioral postulates of competive equilibrium … these claims in an evolutionary general equilibrium model. If the economic environment were held constant, profitable firms … would grow and unprofitable firms would shrink. In the general equilibrium model, prices change as factor demands and output …

the ACE methodology. Eight currently active research areas are highlighted for concrete illustration. Potential advantages … and disadvantages of the ACE methodology are considered, along with open questions and possible directions for future …

and evolution of trade networks by means of real-time animations. Data tables and charts reporting descriptive performance …

populations, convergence to a Nash equilibrium in the base game implies convergence to a Nash equilibrium on the Wright manifold …

economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of …

equilibrium. The mass action interpretation envisions a population of players for each position in the game, and that players are … randomly matched for play. The hope is that the long-run behavior of the processes can be described by a Nash equilibrium …

more generally the economic methodology inherited from the Chicago school, becomes untenable once taking into account … Kauffman’s Nk model, showing that if evolution it is based on trial-and-error search process, it leads generally to sub … economics: an on-going challenge against the normative approach to economic methodology. …

towards the importance of both theories of cultural evolution as well as gene–culture co-evolution. …