Economics and biological evolution
The employment of insecticides raises the relative fitness of resistant insects; the use of antibiotics applies selection pressure in favour of resistant strains of bacteria; lower limits on fish net mesh size raises the advantages of smaller adults. These are some of the many examples of the unintended impact of human activity upon biological evolution. Often this evolution has economic significance, as it does in the examples quoted. This paper examines some of the principles involved and provides a preliminary analysis of the extent to which the economically optimal inducement of evolution differs from that arising when changes in selection pressures are not anticipated. Copyright Kluwer Academic Publishers 1997
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Volume (Year): 9 (1997)
Issue (Month): 4 (June)
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- D. Hueth & U. Regev, 1974. "Optimal Agricultural Pest Management with Increasing Pest Resistance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 543-552.
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- Marini Giancarlo & Scaramozzino Pasquale, 1995. "Overlapping Generations and Environmental Control," Journal of Environmental Economics and Management, Elsevier, vol. 29(1), pages 64-77, July.
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