As human traits and preferences were shaped by natural selection, there is substantial potential for the use of evolutionary biology in economic analysis. In this paper, we review the extent to which evolutionary theory has been incorporated into economic research. We examine work in four areas:...

Dynamic optimisation is widely used in financial economics, macroeconomics and resource economics. This accounts for friction between the undergraduate and graduate teaching of economics because most undergraduate programmes still concentrate on static economic analysis. This paper shows how,...