{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2024,6,17]],"date-time":"2024-06-17T19:16:34Z","timestamp":1718651794965},"reference-count":12,"publisher":"Elsevier BV","issue":"1","license":[{"start":{"date-parts":[[2002,11,1]],"date-time":"2002-11-01T00:00:00Z","timestamp":1036108800000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.elsevier.com\/tdm\/userlicense\/1.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Journal of Economic Theory"],"published-print":{"date-parts":[[2002,11]]},"DOI":"10.1006\/jeth.2000.2764","type":"journal-article","created":{"date-parts":[[2002,12,28]],"date-time":"2002-12-28T12:20:15Z","timestamp":1041078015000},"page":"95-135","source":"Crossref","is-referenced-by-count":42,"title":["Optimality and Natural Selection in Markets"],"prefix":"10.1006","volume":"107","author":[{"given":"Lawrence E.","family":"Blume","sequence":"first","affiliation":[]},{"given":"David","family":"Easley","sequence":"additional","affiliation":[]}],"member":"78","reference":[{"key":"10.1006\/jeth.2000.2764_RF1","doi-asserted-by":"crossref","first-page":"211","DOI":"10.1086\/256940","article-title":"Uncertainty, evolution and economic theory","volume":"58","author":"Alchian","year":"1950","journal-title":"J. Polit. Econ."},{"key":"10.1006\/jeth.2000.2764_RF2","doi-asserted-by":"crossref","first-page":"340","DOI":"10.1016\/0022-0531(82)90008-4","article-title":"Learning to be rational","volume":"26","author":"Blume","year":"1982","journal-title":"J. Econ. Theory"},{"key":"10.1006\/jeth.2000.2764_RF3","doi-asserted-by":"crossref","first-page":"9","DOI":"10.1016\/0022-0531(92)90099-4","article-title":"Evolution and market behavior","volume":"58","author":"Blume","year":"1992","journal-title":"J. Econ. Theory"},{"key":"10.1006\/jeth.2000.2764_RF4","unstructured":"L. Blume, and, D. Easley, The market selection hypothesis, unpublished manuscript, Cornell University, 1999."},{"key":"10.1006\/jeth.2000.2764_RF5","doi-asserted-by":"crossref","first-page":"769","DOI":"10.1111\/1467-937X.00108","article-title":"Profit maximization and the market selection hypothesis","volume":"66","author":"Dutta","year":"1999","journal-title":"Rev. Econ. Stud."},{"key":"10.1006\/jeth.2000.2764_RF6","first-page":"566","article-title":"On maximizing profits: A distinction between Chamberlin and Robinson","volume":"41","author":"Enke","year":"1951","journal-title":"Amer. Econ. Rev."},{"key":"10.1006\/jeth.2000.2764_RF7","series-title":"Essays in Positive Economics","author":"Friedman","year":"1953"},{"key":"10.1006\/jeth.2000.2764_RF8","series-title":"Three Essays on the State of Economic Science","author":"Koopmans","year":"1957"},{"key":"10.1006\/jeth.2000.2764_RF9","series-title":"An Evolutionary Theory of Economic Change","author":"Nelson","year":"1982"},{"key":"10.1006\/jeth.2000.2764_RF10","doi-asserted-by":"crossref","first-page":"1303","DOI":"10.1111\/1468-0262.00163","article-title":"Do markets favor agents able to make accurate predictions","volume":"68","author":"Sandroni","year":"2000","journal-title":"Econometrica"},{"key":"10.1006\/jeth.2000.2764_RF11","first-page":"225","article-title":"Economic natural selection and the theory of the firm","volume":"4","author":"Winter","year":"1964","journal-title":"Yale Econ. Essays"},{"key":"10.1006\/jeth.2000.2764_RF12","doi-asserted-by":"crossref","first-page":"237","DOI":"10.2307\/1880703","article-title":"Satisficing, selection and the innovating remnant","volume":"85","author":"Winter","year":"1971","journal-title":"Quart. J. Econ."}],"container-title":["Journal of Economic Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0022053100927649?httpAccept=text\/xml","content-type":"text\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0022053100927649?httpAccept=text\/plain","content-type":"text\/plain","content-version":"vor","intended-application":"text-mining"}],"deposited":{"date-parts":[[2019,5,8]],"date-time":"2019-05-08T07:22:24Z","timestamp":1557300144000},"score":1,"resource":{"primary":{"URL":"https:\/\/linkinghub.elsevier.com\/retrieve\/pii\/S0022053100927649"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2002,11]]},"references-count":12,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2002,11]]}},"alternative-id":["S0022053100927649"],"URL":"https:\/\/doi.org\/10.1006\/jeth.2000.2764","relation":{},"ISSN":["0022-0531"],"issn-type":[{"value":"0022-0531","type":"print"}],"subject":[],"published":{"date-parts":[[2002,11]]}}}  <script>parent.window.postMessage('ixistenz.url:https://api.crossref.org/works/10.1006%2FJETH.2000.2764', '*'); </script> <div id='browserdiffcontainer' style='position: fixed; right: 10px; top: 10vh; min-width: 60px;  border: 1px solid white; background: rgb(251, 189, 0);; opacity: 0.9; font-family: helvetica, arial, sans serif;  font-size: 12px; z-index: 20001; padding-bottom: 20px;'><div onclick="toggle('browserdiffcontainerlist'); return false;" style='background: rgb(151, 89, 0);; color: white; '><strong>&nbsp; <span class='glyphicon glyphicon-minus'></span> NODES</strong></div><div id='browserdiffcontainerlist' style='padding-left: 10px; padding-right: 5px; max-height: 50vh; overflow: auto; '></div></div>
<script>
function toggle( divname ) {
  var x = document.getElementById( divname );
  if (x.style.display === 'none') {
    x.style.display = 'block';
  } else {
    x.style.display = 'none';
  }
} </script>