The equivalence of neo-darwinism and walrasian equilibrium: In defense of organismus economicus

Biology and Philosophy 25 (2):229-248 (2010)
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Abstract

Neo-Darwinism is based on the same principles as the Walrasian analysis of equilibrium. This may be surprising for evolutionary economists who resort to neo-Darwinism as a result of their dissatisfaction with Walrasian economics. As it is well-known, the principle of rationality does not play a role in neo-Darwinism. In fact, the whole (neo-)Darwinian agenda became popular exactly because it expunged the idea of rationality from nature, and hence, from equilibrium. It is less known, however, that the rationality principle is also not central in Walrasian equilibrium analysis. Therefore, if we find that the rationality principle must be central to the analysis of decision making of human and nonhuman organisms, we must advance organomics . Organomics is bioeconomics understood as the use of rational choice to the study of the behavior of human and nonhuman organisms. Organomics offers a different starting point than the one offered by neo-Darwinism.

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Citations of this work

Are Plants Rational?Elias L. Khalil - 2010 - Biological Theory 5 (1):53-66.

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References found in this work

The Economy of Nature and the Evolution of Sex.Michael T. Ghiselin - 1976 - Journal of the History of Biology 9 (2):324-324.
Darwin's Dangerous Idea: Evolution and the Meanings of Life.David L. Hull - 1997 - British Journal for the Philosophy of Science 48 (3):435-438.
Social Choice and Individual Values.Irving M. Copi - 1952 - Science and Society 16 (2):181-181.
Rational Animals?Susan Hurley & Matthew Nudds (eds.) - 2006 - Oxford University Press.

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