Blog

Category: Evolution

  • Signaling And Selection

    As I have discussed before there seems a lot to learn about social interactions, and that includes markets, from biology. Scientists in that area have long thought about problems that concern markets. For example, how can selection work to change a population? Or how can you interpret messages when those sending the messages have an…

  • In Praise Of Redundant Capacity

    I think evolutionary thinking has a lot to offer strategic discussions. We shouldn’t be too simple and expect perfect matchings from biology. Still, good ideas can carry over neatly to give things to consider. Here I examine a piece in the Harvard Business Review that looks at firm strategy in unpredictable times. I want to…

  • Signaling And Education

    Why do people pursue academic courses that in no way set them up with the skills needed for their future careers? One obvious answer might be because they enjoy the topic they study. Education is a good thing in itself. I’m all for that. Yet, that seems to be far from a complete explanation. Maybe…

  • Adaptive Market Hypothesis: Evolution And Financial Markets

    Andrew Lo has a number of interesting works attempting to link evolutionary thinking and financial markets. See here for his 2006 piece in the Harvard Business Review, entitled Survival of the Richest. Lo shows how evolutionary thinking can be applied to financial markets and explains the idea of the Adaptive Market Hypothesis. Irrationality And Financial…

  • Virtue Signaling And Balancing Reasonable Perspectives

    Geoffrey Miller‘s Virtue Signaling is a compilation of some of his work. All pieces are relatively popular and accessible. In addition to sexual selection this tackles problems related to virtue signaling and balancing reasonable perspectives in speech. The Coddling of the American Mind was a clearly written thesis. Miller’s book is a little different to…

  • The Problem Of Understanding Others

    A second post on Gad Saad’s, The Parasitic Mind. I’m not sure this was his central aim but he did make me think about the problem of understanding others. Is Society Really Collapsing? I really wanted to know why he thinks society is collapsing. I have never known why people think this. It is not…

  • Scientific Thinking Is Hard (Especially For Academics)

    I must confess to being disappointed with Gad Saad’s The Parasitic Mind. Before purchasing the book I knew I would disagree with many of his points given his robust public profile. (For background, Saad is the sort of evolutionary psychologists your mother warned you about. Lots of sex differences in consumption). That I would disagree…

  • Frequency Dependence And Strategy

    Here I’ll highlight an idea from evolutionary biology that has profond implications for strategy. This is the idea of frequency dependence. I think people overlook thais concept, a lot. Whenever you see, “10 tips for success”, or even stronger claims like “the five things you must do” remember whoever is saying this is either a)…

  • Evolutionary Thinking in Business

    Evolutionary thinking in business can be a fascinating topic. A key thing to bear in mind is that business evolution is a little different from biological evolution. Market competition is not the same as competition in nature. This is, not least, because business has much more rapid timeframes. Business changes regularly. On the other hand,…

  • The Red Queen And Implications For Best Practice

    It is hard to spend any time at a business school without hearing the phrase best practice. We teach students best practice. Junior professors seek hints from senior folk on best practice. Even schools regularly go through bouts of benchmarking to see if they are adopting best practice. Best practice essentially is something that gets the most…

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