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Andrew W. Lo, Zhang Ruixun - Biological Economics, Inbunden

Inbunden, Engelska, 2018

Biological Economics

Av Andrew W. Lo, Zhang Ruixun

Del 340 i serien The International Library of Critical Writings in Economics series

12412 kr

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Beskrivning
>This research review discusses and analyses a unique collection of key publications at the intersection of biology and economics, two disciplines that share a common subject: Homo sapiens. Beginning with Thomas Malthus - whose dire predictions of mass starvation due to population growth influenced Charles Darwin - economists have routinely used biological arguments in their models and methods. The review summarizes the most important of these developments in areas such as sociobiology, evolutionary psychology, behavioral ecology, behavioral economics and finance, neuroeconomics, and behavioral genomics. This research review will be an indispensable tool for economists, biologists, and practitioners looking to develop a deeper understanding of the limits of Homo economicus.
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Edited by Andrew W. Lo, Charles E. and Susan T. Harris Professor, MIT Sloan School of Management and Director, MIT Laboratory for Financial Engineering and Ruixun Zhang, MIT Laboratory for Financial Engineering, US

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‘Biology and economics have a good deal to say to each other but, oddly, neither party seems fully to appreciate the fact. Lo and Zhang provide an important service by collecting key papers that apply ideas from biology to economics. Topics range from the deep history of the fields to more recent evolutionary models of market dynamics. There is good reason to hope that these volumes will encourage much more interaction between biologists and economists.’

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