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Evolutionary game theory and the modelling of economic behavior
Laan, Gerard van der; Tieman, Alexander F. - 1996
economists also show a growing interest in the application of evolutionary game theory. This paper discusses the main concepts of … evolutionary game theory and their applicability to economic issues. Whereas traditional game theory focusses on the static Nash … equilibria as the possible outcomes of the game, evolutionary game theory teaches us to model explictly the behavior of …
Persistent link: https://www.econbiz.de/10010232144
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Selfish altruism, fierce cooperation and the emergence of cooperative equilibria from passing and shooting
Askitas, Nikos - 2014
There is continuing debate about what explains cooperation and self-sacrifice in nature and in particular in humans. This paper suggests a new way to think about this famous problem. I argue that, for an evolutionary biologist as well as a quantitative social scientist, the triangle of two...
Persistent link: https://www.econbiz.de/10010235846
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Evolutionary game theory and the modelling of economic behavior
Laan, Gerard van der; Tieman, Alexander F. - 1996
Persistent link: https://www.econbiz.de/10000948324
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Evolution of strategies in repeated games with discounting
Veelen, Matthijs van - 2006
In repeated games there is in general a large set of equilibria. We also know that in the repeated prisoners dilemma there is a profusion of neutrally stable strategies, but no strategy that is evolutionarily stable. This paper investigates whether and how neutrally stable strategies can be...
Persistent link: https://www.econbiz.de/10011350373
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Preventative cancer treatments through optimizing tissue structure
Graser, Christopher - 2020
The likelihood of cancer emergence is highly dependent on the underlying tissue structure. This article gives evolutionary explanations for why natural selection fails to select for tissue structures that would minimize the likelihood of cancer. In a second step, a mathematical framework is...
Persistent link: https://www.econbiz.de/10012167331
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Evolutionary analysis of the relationship between economic growth, environmental quality and resource scarcity
Bergh, Jeroen C. J. M. van den - 2003 - Rev.
Persistent link: https://www.econbiz.de/10011335230
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Complex evolutionary systems in behavioral finance
Hommes, Cars H.; Wagener, Florian Oskar Ottokar - 2008
Persistent link: https://www.econbiz.de/10003738986
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Optimal diversity in investments with recombinant innovation
Bergh, Jeroen C. J. M. van den; Zeppini-Rossi, Paolo - 2008
Persistent link: https://www.econbiz.de/10003774446
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Evolution and the growth process : natural selection of entrepreneurial traits
Galor, Oded; Michalopulos, Stelios - 2012
This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human...
Persistent link: https://www.econbiz.de/10009530758
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Industry evolution : diversity, selection and the role of learning
Audretsch, David B.; Houweling, Patrick; Thurik, Adriaan R. - 1998
firms survive and others do not than does neoclassical economics. At the heart of the evolutionary theory isthe view that …
Persistent link: https://www.econbiz.de/10010533203