Objective In recent years the assumption of perfect rationality of economic agents has been severely criticised: in particular, a big contribution came from the theory of evolutionary games. I believe that market games provide an ideal framework for evolutionary modelling. However within the recent bounded rationality literature, this field has not yet been explored. What I am planning to do is to extend results in evolutionary games and apply them to marke games. I will examine: the emergence of a particular market structure; the performance of ration behaviour and irrational rules; adaptive behaviour and mutation. Expected results are: the failure of traditional competitive models to describe actual market behaviour and the formalisation of a new market model based on the evolutionary approach. The topic is extremely relevant to European common industrial and commercial policies: my research can cast light on the drawbacks of the present international markets' structure. Fields of science natural sciencesbiological sciencesgeneticsmutation Programme(s) FP4-TMR - Specific research and technological development programme in the field of the training and mobility of researchers, 1994-1998 Topic(s) 0302 - Post-doctoral research training grants TS15 - Microeconomics Call for proposal Data not available Funding Scheme RGI - Research grants (individual fellowships) Coordinator University of Cambridge Address Sidgwick avenue CB3 9DD Cambridge GB See on map EU contribution € 0,00 Participants (1) Sort alphabetically Sort by EU Contribution Expand all Collapse all Not available Italy EU contribution € 0,00 Address See on map
