Evolutionary Foundations of Equilibria in Irrational Markets

1. Introduction
Guo Ying Luo

2. Evolution, Irrationality, and Perfectly Competitive Equilibrium
Guo Ying Luo

3. Evolution, Irrationality, and Monopolistically Competitive Equilibrium
Guo Ying Luo

4. Evolution and Informationally Efficient Equilibrium in a Commodity Futures Market
Guo Ying Luo

5. Natural Selection, Random Shocks, and Market Efficiency in a Futures Market
Guo Ying Luo

6. Evolution, Noise Traders, and Market Efficiency in a One-Sided Auction Market
Guo Ying Luo

7. The Evolution of Money as a Medium of Exchange in a Primitive Economy
Guo Ying Luo

8. Conclusions
Guo Ying Luo

Avainsanat: Economics/Management Science, Economics/Management Science, general, Game Theory/Mathematical Methods, Financial Economics