On the relationship between mutation rates and growth rates in a changing environment

Elchanan Ben-Porath, Eddie Dekel, Aldo Rustichini

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

The paper examines the relationship between the mutation rate and the rate of growth of the population when the environment is changing. It is shown that while the global maximum of the growth rate is attained at a non-zero mutation rate, zero is always a local maximum. This suggests that a population with an initially low mutation rate will evolve to a zero mutation rate. Journal of Economic Literature Classification Number: C72.

Original languageEnglish (US)
Pages (from-to)576-603
Number of pages28
JournalGames and Economic Behavior
Volume5
Issue number4
DOIs
StatePublished - Oct 1993

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