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 language | Undefined |
---|---|
Pages (from-to) | 561-573 |
Number of pages | 13 |
Journal | Journal of evolutionary economics |
Volume | 16 |
Issue number | 5 |
DOIs | |
Publication status | Published - 2006 |
Keywords
- Evolutionary game theory
- METIS-237328
- IR-58566
- General equilibrium theory