Walras and Darwin: an odd couple?


Joosten, Reinoud (2006) Walras and Darwin: an odd couple? Journal of evolutionary economics, 16 (5). pp. 561-573. ISSN 0936-9937

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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.
Item Type:Article
Copyright:© 2006 Springer
Faculty of Behavioural, Management and Social sciences (BMS)
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Link to this item:http://purl.utwente.nl/publications/58566
Official URL:https://doi.org/10.1007/s00191-006-0037-1
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