haku: @indexterm evolutionary economics / yhteensä: 34
viite: 25 / 34
| Tekijä: | To, T. |
| Otsikko: | Risk and evolution |
| Lehti: | Economic Theory
1999 : VOL. 13:2, p. 329-344 |
| Asiasana: | ECONOMICS RISK EVOLUTIONARY ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | The author examines a Knightian (1921) model of risk using a general equilibrium model of investment and trade. A population of agents with various preference types can choose between a safe production technology and a risky production technology. In addition, the distribution of types of agents changes through a standard evolutionary dynamic. |
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