Evolutionary choice of markets

DOI10.1007/s00199-005-0063-5zbMath1109.91378OpenAlexW4250737306MaRDI QIDQ868615

Marc Oliver Bettzüge, Anke Gerber

Publication date: 6 March 2007

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

Full work available at URL: https://www.zora.uzh.ch/id/eprint/156603/1/ZORA_NL_156603.pdf

zbMATH Keywords

Stochastic stabilityStandardizationEndogenous participation

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items

Matching, imitation, and coordination in networks, Robust stochastic stability, General equilibrium and the emergence of (non)market clearing trading institutions, Learning and market clearing: theory and experiments, Long-run technology choice with endogenous local capacity

Cites Work

• An Evolutionary Approach to Financial Innovation
• Learning, Local Interaction, and Coordination
• Basins of Attraction, Long-Run Stochastic Stability, and the Speed of Step-by-Step Evolution
• Learning, Mutation, and Long Run Equilibria in Games
• The Evolution of Conventions