The genetic algorithm has increasingly been applied to economics over the last two decades. It has been used to characterize a variety of models including the cobweb model, the overlapping generations model, game theory and asset pricing. Specifically, it has been used as a model to represent learning, rather than as a means for fitting a model.

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  • The genetic algorithm has increasingly been applied to economics over the last two decades. It has been used to characterize a variety of models including the cobweb model, the overlapping generations model, game theory and asset pricing. Specifically, it has been used as a model to represent learning, rather than as a means for fitting a model.
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  • The genetic algorithm has increasingly been applied to economics over the last two decades. It has been used to characterize a variety of models including the cobweb model, the overlapping generations model, game theory and asset pricing. Specifically, it has been used as a model to represent learning, rather than as a means for fitting a model.
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  • Genetic algorithm in economics
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