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Natural selection and rational decision: two concepts of optimization

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  • Elias Khalil

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File URL: http://hdl.handle.net/10.1007/s00191-008-0120-x
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Bibliographic Info

Article provided by Springer in its journal Journal of Evolutionary Economics.

Volume (Year): 19 (2009)
Issue (Month): 3 (June)
Pages: 417-435

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Handle: RePEc:spr:joevec:v:19:y:2009:i:3:p:417-435

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Related research

Keywords: Selection optimization; Rationality optimization; Redundancy thesis; B0;

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References

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  1. Giovanni Dosi & Christopher Freeman & Richard Nelson & Gerarld Silverberg & Luc Soete (ed.), 1988. "Technical Change and Economic Theory," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1988, June.
  2. Hammerstein, Peter & Selten, Reinhard, 1994. "Game theory and evolutionary biology," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 28, pages 929-993 Elsevier.
  3. Thorbj, rn Knudsen, 2002. "Economic selection theory," Journal of Evolutionary Economics, Springer, vol. 12(4), pages 443-470.
  4. Hirshleifer, Jack, 1977. "Economics from a Biological Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 20(1), pages 1-52, April.
  5. Richard R. Nelson, 1995. "Recent Evolutionary Theorizing about Economic Change," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 48-90, March.
  6. Elias L. Khalil, 2001. "Adam Smith and Three Theories of Altruism," Recherches économiques de Louvain, De Boeck Université, vol. 67(4), pages 421-435.
  7. Jack Hirshleifer, 1977. "Economics from a Biological Viewpoint," UCLA Economics Working Papers 087, UCLA Department of Economics.
  8. John Kagel & Raymond Battalio & Leonard Green, 1995. "Economic choice theory. an experimental analysis of animal behavior," Framed Field Experiments 00166, The Field Experiments Website.
  9. H. Peyton Young, 1996. "The Economics of Convention," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 105-122, Spring.
  10. Becker, Gary S, 1981. "Altruism in the Family and Selfishness in the Market Place," Economica, London School of Economics and Political Science, vol. 48(189), pages 1-15, February.
  11. Geoffrey M. Hodgson, 2002. "Darwinism in economics: from analogy to ontology," Journal of Evolutionary Economics, Springer, vol. 12(3), pages 259-281.
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Cited by:
  1. Marciano, Alain & Khalil, Elias L., 2012. "Optimization, path dependence and the law: Can judges promote efficiency?," International Review of Law and Economics, Elsevier, vol. 32(1), pages 72-82.
  2. Elias L. Khalil, 2012. "Are Instincts Hardened Routines? A Radical Proposal," Development Research Unit Working Paper Series 25-12, Monash University, Department of Economics.
  3. Schliesser, Eric, 2011. "Reading Adam Smith after Darwin: On the evolution of propensities, institutions, and sentiments," Journal of Economic Behavior & Organization, Elsevier, vol. 77(1), pages 14-22, January.
  4. Elias Khalil, 2013. "Practical beliefs vs. scientific beliefs: two kinds of maximization," Theory and Decision, Springer, vol. 74(1), pages 107-126, January.

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