Biological Economics

The International Library of Critical Writings in Economics series

Edited by Andrew W. Lo, Charles E. and Susan T. Harris Professor, MIT Sloan School of Management and Director, MIT Laboratory for Financial Engineering and Ruixun Zhang, MIT Laboratory for Financial Engineering, US

This two-volume set brings together a unique collection of key publications at the intersection of biology and economics, two disciplines that share a common subject: Homo sapiens. Beginning with Thomas Malthus–whose dire predictions of mass starvation due to population growth influenced Charles Darwin–economists have routinely used biological arguments in their models and methods. This collection summarizes the most important of these developments, including articles in sociobiology, evolutionary psychology, behavioral ecology, behavioral economics and finance, neuroeconomics, and behavioral genomics. Together with an original introduction by the editors, this important research collection will appeal to economists, biologists, and practitioners looking to develop a deeper understanding of the limits of Homo Economicus.

‘Biology and economics have a good deal to say to each other but, oddly, neither party seems fully to appreciate the fact. Lo and Zhang provide an important service by collecting key papers that apply ideas from biology to economics. Topics range from the deep history of the fields to more recent evolutionary models of market dynamics. There is good reason to hope that these volumes will encourage much more interaction between biologists and economists.’
– H. Allen Orr, University of Rochester, US

2018 1,632 pp Hardback 978 1 78254 853 9 £787.50 £583.00 $787.50 $875.00

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