Genetic algorithms in economics: Difference between revisions

Revision as of 17:15, 9 February 2009

Revision as of 03:35, 27 November 2009

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{{Main|genetic algorithm}}

The '''[[genetic algorithm]]''' has increasingly been applied to economics over the last two decades. It has been used to characterize a variety of models including the [[cobweb model]], the [[overlapping generations model]], [[game theory]], [[Genetic algorithm scheduling|schedule optimization]] and [[asset pricing]]. Specifically, it has been used as a model to represent learning, rather than as a means for fitting a model.

== Genetic Algorithm in the Cobweb Model ==