Optimality and natural selection in markets

DOI10.1006/JETH.2000.2764zbMath1027.91031OpenAlexW2570384471MaRDI QIDQ1867543

Lawrence E. Blume, David A. Easley

Publication date: 2 April 2003

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeth.2000.2764

zbMATH Keywords

profit maximizationmarket selection hypothesis

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

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Cites Work

• Learning to be rational
• Evolution and market behavior
• Do Markets Favor Agents able to Make Accurate Predictions?
• Profit Maximization and the Market Selection Hypothesis

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