Week 5: MODULE 3: Economic Evolution
Readings: Friedman, Daniel. "On economic applications of evolutionary game theory." Journal of Evolutionary Economics 8.1 (1998): 15-43. Whitley, Darrell. “A Genetic Algorithm Tutorial.” (http://cobweb.cs.uga.edu/~potter/CompIntell/ga_tutorial.pdf) Discussion Questions: What is an evolutionary game, and what do you have to define to set one up? How are evolutionary games useful for studying economics? Genetic algorithms are very efficient …