TY - JOUR
T1 - On the relationship between mutation rates and growth rates in a changing environment
AU - Ben-Porath, Elchanan
AU - Dekel, Eddie
AU - Rustichini, Aldo
N1 - Copyright:
Copyright 2017 Elsevier B.V., All rights reserved.
PY - 1993/10
Y1 - 1993/10
N2 - The paper examines the relationship between the mutation rate and the rate of growth of the population when the environment is changing. It is shown that while the global maximum of the growth rate is attained at a non-zero mutation rate, zero is always a local maximum. This suggests that a population with an initially low mutation rate will evolve to a zero mutation rate. Journal of Economic Literature Classification Number: C72.
AB - The paper examines the relationship between the mutation rate and the rate of growth of the population when the environment is changing. It is shown that while the global maximum of the growth rate is attained at a non-zero mutation rate, zero is always a local maximum. This suggests that a population with an initially low mutation rate will evolve to a zero mutation rate. Journal of Economic Literature Classification Number: C72.
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U2 - 10.1006/game.1993.1032
DO - 10.1006/game.1993.1032
M3 - Article
AN - SCOPUS:0344984036
SN - 0899-8256
VL - 5
SP - 576
EP - 603
JO - Games and Economic Behavior
JF - Games and Economic Behavior
IS - 4
ER -