Uncertainty, Evolution, and Economic Theory
id:
uncertainty-evolution-and-economic-theory-179-6352320
title:
Uncertainty, Evolution, and Economic Theory
text:
Uncertainty, Evolution, and Economic Theory is an article published in 1950 which was written by economist Armen Alchian. In this article, Alchian delineates an evolutionary approach to describe firms' behavior. His theory embodies principles of biological evolution and natural selection. This article is among the first in the economics literature to analogize between success and survival in the market with the mechanism of variation and natural selection postulated in evolutionary biology. Alch
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Uncertainty,_Evolution,_and_Economic_Theory
date created:
2013-04-29T14:50:49Z
date modified:
2024-09-05T00:04:07Z
main entity:
{"identifier":"Q17148774","url":"https://www.wikidata.org/entity/Q17148774"}
image:
fields total:
13
integrity:
14