Are inefficient entrepreneurs driven out of the market?
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- Lawrence E. Blume & David Easley, 1997.
"Optimality and Natural Selection in Markets,"
GE, Growth, Math methods
9712003, EconWPA, revised 09 Jul 1998.
- Sanford Grossman & Oliver Hart, 1978.
"A theory of competitive equilibrium in stock market economies,"
Special Studies Papers
115, Board of Governors of the Federal Reserve System (U.S.).
- Grossman, Sanford J & Hart, Oliver D, 1979. "A Theory of Competitive Equilibrium in Stock Market Economies," Econometrica, Econometric Society, vol. 47(2), pages 293-329, March.
- Alvaro Sandroni, 2000. "Do Markets Favor Agents Able to Make Accurate Predicitions?," Econometrica, Econometric Society, vol. 68(6), pages 1303-1342, November.
- Hakansson, Nils H, 1970. "Optimal Investment and Consumption Strategies Under Risk for a Class of Utility Functions," Econometrica, Econometric Society, vol. 38(5), pages 587-607, September.
- Armen A. Alchian, 1950. "Uncertainty, Evolution, and Economic Theory," Journal of Political Economy, University of Chicago Press, vol. 58, pages 211.
- Blume, Lawrence & Easley, David, 1992. "Evolution and market behavior," Journal of Economic Theory, Elsevier, vol. 58(1), pages 9-40, October.
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