On the Relationship between Mutation Rates and Growth Rates in a Changing Environment

Elchanan Ben Porath, Eddie Dekel and Aldo Rustichini
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Elchanan Ben Porath: Tel Aviv University and MEDS KGSM Northwestern University

No 1993002, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: In recent dynamic models of learning and evolution a rate of mutation is usually assumed to be fixed. In this paper we use an evolutionary model to examine how the outcome of the dynamic process depends on the rate of change. In particular we examine how the log run growth rate of the population depends on the mutation rate. Insofar as evolutionary forces are likely to select mutation rates that maximize the population growth rate, our analysis sheds light on what rates of change might evolve.

Date: 1993-01-01
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Journal Article: On the Relationship between Mutation Rates and Growth Rates in a Changing Environment (1993)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:1993002

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