CORDIS - Wyniki badań wspieranych przez UE
Zawartość zarchiwizowana w dniu 2024-05-07

Evolution and market behaviour


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.

Zaproszenie do składania wniosków

Data not available


University of Cambridge
Wkład UE
Brak danych
Sidgwick Avenue
CB3 9DD Cambridge
Zjednoczone Królestwo

Zobacz na mapie

Koszt całkowity
Brak danych

Uczestnicy (1)