Evolutionary Game Theory (EGT) and Thorstein Veblen's Evolutionary Economics: Is EGT Veblenian?

Cuadernos de Economía, Vol. 24, No. 42, 2005

36 Pages Posted: 12 Sep 2007

Abstract

The aim of this article is to link Veblen's work on evolutionary economics to recently developed evolutionary game theory (EGT). This represents the first step towards incorporating Veblen's socio-economic evolution theory into discussion concerning applying EGT to social environments. An attempt is also made to ascertain how far elements of EGT can be used for formalising some of the basic evolutionary principles proposed by Veblen.

Note: Downloadable document is in Spanish.

Keywords: evolutionary game theory, institutional economics, Thorstein Veblen

JEL Classification: B52, B25, C73, C72

Suggested Citation

Villena Chamorro, Mauricio and Villena, Marcelo, Evolutionary Game Theory (EGT) and Thorstein Veblen's Evolutionary Economics: Is EGT Veblenian?. Cuadernos de Economía, Vol. 24, No. 42, 2005, Available at SSRN: https://ssrn.com/abstract=1012632

Mauricio Villena Chamorro (Contact Author)

Adolfo Ibanez University ( email )

Santiago, 794-1169
Chile

Marcelo Villena

Adolfo Ibanez University ( email )

Diagonal Las Torres 2640 Peñaleón
Presidente Errázuriz 3485 Las Condes
Santiago, 794-1169
Chile

HOME PAGE: http://www.uail.cl

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