[FRIAM] Is it economics or biology

[Owen Densmore]

I know economics uses game theory, but I'm not sure whether  
evolutionary game theory has caught on.  This came up in a thread on  
wedtech, so I thought I'd pass it along:

> I'm reading this:
>      Game Theory Evolving by Herbert Gintis
>      http://tinyurl.com/z22cj
> I like it because it looks at game theory in the context of change,
> thus fits the complexity world well.

     -- Owen

Owen Densmore
http://backspaces.net - http://redfish.com - http://friam.org


On Jul 26, 2006, at 1:28 PM, Russell Standish wrote:

> Like anything in the mainstream press, tantalisingly short on
> detail. I argued back in 1996 that Economics needs to take on an
> evolutionary outlook in a paper that was ultimately published in
> 2000. Indeed, I used the same Mashallian quote mentioned in  the  
> article:
>
> Standish, R.K. (2000) ``The Role of Innovation within Economics'', in
> Commerce, Complexity and Evolution, Barnett, W. et al (eds) (Cambridge
> University Press, New York), pp61-79. arXiv:nlin.AO/0007005
>
> The reason why evolutionary economics has not taken off that much is
> that not enough bright minds are focussed on the problem, and
> economics is not the same as biology - excessive use of analogy
> actually clouds understanding.
>
> On Tue, Jul 25, 2006 at 06:40:29PM -0600, Tom Johnson wrote:
>> Of interest to the list, I hope.
>>> From the current issue of The Economist:
>> The Cambrian age of
>> economics<http://www.economist.com/finance/displaystory.cfm? 
>> story_id=7189617>
>> Evolutionary economics is surviving, but not thriving
>>
>> http://www.economist.com/finance/displaystory.cfm?story_id=7189617
>>
>> -- tj
>>
>> ==========================================
>> J. T. Johnson
>> Institute for Analytic Journalism -- Santa Fe, NM USA
>> www.analyticjournalism.com
>> 505.577.6482(c)                                 505.473.9646(h)
>> http://www.jtjohnson.com               tom at jtjohnson.com
>>
>> "You never change things by fighting the existing reality.
>> To change something, build a new model that makes the
>> existing model obsolete."
>>                                                   -- Buckminster  
>> Fuller
>> ==========================================
>
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