Pub Date : 2017-02-24DOI: 10.1007/s10818-017-9246-y
Andreas Chai
{"title":"Interdisciplinary and evolutionary perspectives on managing the transition to a sustainable economy","authors":"Andreas Chai","doi":"10.1007/s10818-017-9246-y","DOIUrl":"https://doi.org/10.1007/s10818-017-9246-y","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"19 1","pages":"1 - 5"},"PeriodicalIF":0.0,"publicationDate":"2017-02-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-017-9246-y","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52349045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Attempts to use evolutionary ideas in finance have often neglected mathematical population genetics. Population genetics provides a natural approach to certain problems in finance that involve the relative wealth that accrues to competing investment strategies. In our model, competing investment strategies differ only in their allocation to a risky asset versus a riskless asset. Here we use results from the population genetics of natural selection to find the investment strategy that maximizes the expected increase in relative wealth. Though we focus on single-period analysis, some of our key findings are reminiscent of those from the growth optimal portfolio literature, e.g., the Kelly criterion.
{"title":"Evolution, finance, and the population genetics of relative wealth","authors":"H. Orr","doi":"10.2139/ssrn.2900529","DOIUrl":"https://doi.org/10.2139/ssrn.2900529","url":null,"abstract":"Attempts to use evolutionary ideas in finance have often neglected mathematical population genetics. Population genetics provides a natural approach to certain problems in finance that involve the relative wealth that accrues to competing investment strategies. In our model, competing investment strategies differ only in their allocation to a risky asset versus a riskless asset. Here we use results from the population genetics of natural selection to find the investment strategy that maximizes the expected increase in relative wealth. Though we focus on single-period analysis, some of our key findings are reminiscent of those from the growth optimal portfolio literature, e.g., the Kelly criterion.","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"20 1","pages":"29-48"},"PeriodicalIF":0.0,"publicationDate":"2017-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45425033","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-01-04DOI: 10.1007/s10818-016-9240-9
W. Bell, J. Foster
{"title":"Using solar PV feed-in tariff policy history to inform a sustainable flexible pricing regime to enhance the diffusion of energy storage and electric vehicles","authors":"W. Bell, J. Foster","doi":"10.1007/s10818-016-9240-9","DOIUrl":"https://doi.org/10.1007/s10818-016-9240-9","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"19 1","pages":"127 - 145"},"PeriodicalIF":0.0,"publicationDate":"2017-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-016-9240-9","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52348989","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-12-31DOI: 10.1007/s10818-016-9241-8
Saleem H. Ali
{"title":"The ecology of diamond sourcing: from mined to synthetic gems as a sustainable transition","authors":"Saleem H. Ali","doi":"10.1007/s10818-016-9241-8","DOIUrl":"https://doi.org/10.1007/s10818-016-9241-8","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"19 1","pages":"115 - 126"},"PeriodicalIF":0.0,"publicationDate":"2016-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-016-9241-8","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44048984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-11-26DOI: 10.1007/s10818-016-9238-3
Chad M. Baum, Christiane Gross
{"title":"Sustainability policy as if people mattered: developing a framework for environmentally significant behavioral change","authors":"Chad M. Baum, Christiane Gross","doi":"10.1007/s10818-016-9238-3","DOIUrl":"https://doi.org/10.1007/s10818-016-9238-3","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"19 1","pages":"53 - 95"},"PeriodicalIF":0.0,"publicationDate":"2016-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-016-9238-3","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42256486","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-11-23DOI: 10.1007/s10818-016-9239-2
I. Almudi, Francisco Fatas-Villafranca, J. Potts
{"title":"Utopia competition: a new approach to the micro-foundations of sustainability transitions","authors":"I. Almudi, Francisco Fatas-Villafranca, J. Potts","doi":"10.1007/s10818-016-9239-2","DOIUrl":"https://doi.org/10.1007/s10818-016-9239-2","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"19 1","pages":"165 - 185"},"PeriodicalIF":0.0,"publicationDate":"2016-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-016-9239-2","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43819963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-10-01DOI: 10.1007/s10818-016-9235-6
U. Witt
{"title":"The transformations of utility theory: a behavioral perspective","authors":"U. Witt","doi":"10.1007/s10818-016-9235-6","DOIUrl":"https://doi.org/10.1007/s10818-016-9235-6","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"18 1","pages":"211 - 228"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-016-9235-6","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52348944","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-10-01DOI: 10.1007/s10818-016-9236-5
Leonhard K. Lades
{"title":"George A. Akerlof and Robert J. Shiller: Phishing for phools: the economics of manipulation and deception","authors":"Leonhard K. Lades","doi":"10.1007/s10818-016-9236-5","DOIUrl":"https://doi.org/10.1007/s10818-016-9236-5","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"1 1","pages":"243 - 246"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-016-9236-5","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52348967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-09-21DOI: 10.1007/s10818-016-9234-7
Mark Koyama
{"title":"Review of Ultra Society: how 10,000 years of war made humans the greatest cooperators on earth, Beresta Books, LCC, Connecticut, 2016 by Peter Turchin","authors":"Mark Koyama","doi":"10.1007/s10818-016-9234-7","DOIUrl":"https://doi.org/10.1007/s10818-016-9234-7","url":null,"abstract":"","PeriodicalId":35608,"journal":{"name":"Journal of Bioeconomics","volume":"18 1","pages":"239 - 242"},"PeriodicalIF":0.0,"publicationDate":"2016-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s10818-016-9234-7","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52348900","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}