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American Economic Review Vol. 84 No. 3 1994

Systematic Errors and the Theory of Natural Selection

Michael Waldman

Abstract

This paper derives two main results. First, in a world where inheritance is sexual as opposed to asexual "second-best" adaptations can be evolutionarily stable. That is, the adaptation selected need not be the optimal solution to the evolutionary problem at hand. Second, I apply this result to show that natural selection provides a potential explanation for why in many settings humans commit errors that are systematic in nature.

Volume
84
Issue
3
Pages
482-497
Sources
bibtex:phds-export.bib

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