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Can Darwinism be “Generalized” and of what use would this be?
Levit, Georgy; Hossfeld, Uwe; Witt, Ulrich - In: Journal of Evolutionary Economics 21 (2011) 4, pp. 545-562
Persistent link: https://www.econbiz.de/10009325783
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“Generalized Darwinism” and the quest for an evolutionary theory of policy-making
Schubert, Christian - In: Journal of Evolutionary Economics 24 (2014) 3, pp. 479-513
According to the “Generalized Darwinism” movement (GD), the three principles of variation, selection and retention …
Persistent link: https://www.econbiz.de/10011001854
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How Darwinian should an economy be?
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2014
This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mecanism, by … in a way that favors the most profitable firm types. Selection may be inadequate because firms are being selected on the … basis of incorrect market signals. Selection itself may reinforce such mispricing, thus generating instability. I compare …
Persistent link: https://www.econbiz.de/10011093687
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How Darwinian Should an Economy Be?
Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2014
This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by … in a way that favors the most profitable firm types. Selection may be inadequate because firms are being selected on the … basis of incorrect market signals. Selection itself may reinforce such mispricing, thus generating instability. I compare …
Persistent link: https://www.econbiz.de/10011094073
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Dynamics of Change in Human-Driven and Natural Systems: Fast Forward, Slow Motion, Same Movie? A Case Study from Plant Protection
Andrivon, Didier - In: Sustainability 4 (2012) 3, pp. 384-393
Evolutionary biology and evolutionary ecology deal with change in species and ecosystems over time, and propose mechanisms to explain and predict these. In particular, they look for generic elements that will drive any organism or phylum to adaptive changes or to extinction. This paper, using...
Persistent link: https://www.econbiz.de/10010533840
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Convergence in the Finite Cournot Oligopoly with Social and Individual Learning
Vallée, Thomas; Yildizoglu, Murat - HAL - 2009
selection dynamics to analyze this case. Vriend (2000) proposes using a genetic algorithm for studying learning dynamics in this …
Persistent link: https://www.econbiz.de/10008794335
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Can they beat the Cournot equilibrium? Learning with memory and convergence to equilibria in a Cournot oligopoly
Vallée, Thomas; Yildizoglu, Murat - HAL - 2010
This article analyses the possibility of firms learning collusive solutions in a Cournot quantity game. Starting from the results of Vallée and Yildizoglu (2009) and of Alos-Ferrer (2004), we study the role of random experimenting, social learning (imitation), and (updated) memory in helping...
Persistent link: https://www.econbiz.de/10008794428
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Can They Beat the Cournot Equilibrium? Learning with Memory and Convergence to Equilibria in a Cournot Oligopoly
Vallée, Thomas; Yıldızoğlu, Murat - In: Computational Economics 41 (2013) 4, pp. 493-516
This article analyses the ability of the learning firms in a Cournot oligopoly to discover market solutions more collusive that the Cournot equilibrium (CE). We start from the results of Vallée and Yıldızoğlu (J Econ Behav Organ 72:670–690, <CitationRef CitationID="CR11">2009</CitationRef>) and of Alós-Ferrer (Int J Ind Organ...</citationref>
Persistent link: https://www.econbiz.de/10010989301
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Darwinism in economics and the evolutionary theory of policy-making
Schubert, Christian - 2009
According to the advocates of a Generalized Darwinism (GD), the three core Darwinian principles of variation, selection …
Persistent link: https://www.econbiz.de/10010267143
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Can Darwinism be 'generalized' and of what use would this be?
Levit, Georgy S.; Hossfeld, Uwe; Witt, Ulrich - 2010
It has been suggested that, by generalizing Darwinian principles, a common foundation can be derived for all scientific disciplines dealing with evolutionary processes, especially for evolutionary economics. In this paper we show, however, that the principles of such a Generalized Darwinism are...
Persistent link: https://www.econbiz.de/10010281846