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How Economists Can Get Alife

Author

Listed:
  • Tesfatsion, Leigh

Abstract

This paper presents a summary overview of the fast-developing field of "artificial life," stressing aspects that seem especially relevant for the study of decentralized market economies. In particular, recent artificial life work combining evolutionary game theory with preferential partner selection is described in some detail. This work is currently being applied to the endogenous formation and evolution of trade networks.
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Suggested Citation

  • Tesfatsion, Leigh, 1997. "How Economists Can Get Alife," Staff General Research Papers Archive 1685, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:1685
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    Keywords

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    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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