Adam Smith on the Future of Experimental Evolution and Economics

11 Pages Posted: 20 Apr 2018

Date Written: april 3, 2018

Abstract

Experimental evolution is difficult to apply to humans because of the need to study possible changes over many generations. A similar method, though, may see history as a substitute for experiments. The 18th century economist Adam Smith uses methods compatible with the logic of experimental evolution, through the assumption of human homogeneity and the study of history, to explain endogenous variations of preferences and institutions.

Keywords: experimental Evolution, Adam Smith, History

JEL Classification: B1, D01, D03

Suggested Citation

Paganelli, Maria Pia, Adam Smith on the Future of Experimental Evolution and Economics (april 3, 2018). Journal of Bioeconomics, Vol. 20, 2018 doi/10.1007/s10818-017-9265-8, Available at SSRN: https://ssrn.com/abstract=3155375

Maria Pia Paganelli (Contact Author)

Trinity University ( email )

Dept. of Economics
One Trinity Place
San Antonio, TX 78212
United States

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