Evolutionary Biology in Economics: A Review

Jason Collins, Boris Baer, Juerg J. Weber

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

© 2016 Economic Society of AustraliaAs human traits and preferences were shaped by natural selection, there is substantial potential for the use of evolutionary biology in economic analysis. In this paper, we review the extent to which evolutionary theory has been incorporated into economic research. We examine work in four areas: the evolution of preferences, the molecular genetic basis of economic traits, the interaction of evolutionary and economic dynamics, and the genetic foundations of economic development. These fields comprise a thriving body of research, but have significant scope for further investigation. In particular, the growing accessibility of low-cost molecular data will create more opportunities for research on the relationship between molecular genetic information and economic traits.
Original languageEnglish
Pages (from-to)291-312
Number of pages22
JournalEconomic Record
Volume92
Issue number297
DOIs
Publication statusPublished - 2016

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