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Coevolutionary Investments in Human Speech and Trade

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Author Info
Bulte, Erwin H.
Horan, Richard D.
Shogren, Jason F.

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Abstract

We propose a novel explanation for the emergence of language in modern humans, and the lack thereof in other hominids. A coevolutionary process, where trade facilitates speech and speech facilitates trade, driven by expectations and potentially influenced by geography, gives rise to multiple stable development trajectories. While the trade-speech equilibrium is not an inevitable outcome for modern humans, we do find that it is a relatively likely result given that our species evolved in Africa under climatic conditions supporting relatively high population densities.

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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2006 Annual meeting, July 23-26, Long Beach, CA with number 21318.

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Date of creation: 2006
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Handle: RePEc:ags:aaea06:21318

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Keywords: Institutional and Behavioral Economics;

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  1. Brander, James A & Taylor, M Scott, 1998. "The Simple Economics of Easter Island: A Ricardo-Malthus Model of Renewable Resource Use," American Economic Review, American Economic Association, vol. 88(1), pages 119-38, March. [Downloadable!] (restricted)
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  2. Kremer, Michael, 1993. "Population Growth and Technological Change: One Million B.C. to 1990," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 681-716, August. [Downloadable!] (restricted)
  3. Nicolas Marceau & Gordon Myers, 2006. "On the Early Holocene: Foraging to Early Agriculture," Economic Journal, Royal Economic Society, vol. 116(513), pages 751-772, 07. [Downloadable!] (restricted)
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  4. William Brock & Anastasios Xepapadeas, 2004. "Ecosystem Management in Models of Antagonistic Species Coevolution," Working Papers 0503, University of Crete, Department of Economics. [Downloadable!]
  5. Olsson, Ola & Hibbs, Douglas Jr., 2005. "Biogeography and long-run economic development," European Economic Review, Elsevier, vol. 49(4), pages 909-938, May. [Downloadable!] (restricted)
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  6. Samuel Bowles & Astrid Hopfensitz, 2000. "The Co-evolution of Individual Behaviors and Social Institutions," Working Papers 00-12-073, Santa Fe Institute.
  7. Arthur J. Robson & Hillard S. Kaplan, 2003. "The Evolution of Human Life Expectancy and Intelligence in Hunter-Gatherer Economies," American Economic Review, American Economic Association, vol. 93(1), pages 150-169, March. [Downloadable!]
  8. Matthew J. Baker, 2005. "Technological Progress, Population Growth, Property Rights, and the Transition to Agriculture," Departmental Working Papers 9, United States Naval Academy Department of Economics. [Downloadable!]
  9. Horan, Richard D. & Bulte, Erwin & Shogren, Jason F., 2005. "How trade saved humanity from biological exclusion: an economic theory of Neanderthal extinction," Journal of Economic Behavior & Organization, Elsevier, vol. 58(1), pages 1-29, September. [Downloadable!] (restricted)
  10. Matthew J. Baker, 2003. "An Equilibrium Conflict Model of Land Tenure in Hunter-Gatherer Societies," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 124-173, February. [Downloadable!] (restricted)
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