Genetic algorithms in economics: Difference between revisions

Revision as of 03:39, 10 April 2012

Revision as of 03:59, 10 April 2012

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{{Main|genetic algorithm}}

'''[[Genetic algorithm]]s''' have increasingly been applied to economics over the last two decades.{{when?|date=April 2012}} 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 ==