Walras and Darwin: an odd couple?

Research output: Contribution to journalArticleAcademicpeer-review

13 Citations (Scopus)

Abstract

General equilibrium theory and the evolutionary branches of economics and game theory take rather opposite positions in the spectrum covered by the economic science. However, we reveal and explore analogies between Darwinian dynamics and Walrasian tâtonnement processes for pure exchange economies, as well as further analogies implied by these.
Original languageUndefined
Pages (from-to)561-573
Number of pages13
JournalJournal of evolutionary economics
Volume16
Issue number5
DOIs
Publication statusPublished - 2006

Keywords

  • Evolutionary game theory
  • METIS-237328
  • IR-58566
  • General equilibrium theory

Cite this