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a genetic correlate (Score:1)
"In population genetics, genetic drift is the statistical effect that results from the influence that chance has on the survival of alleles (variants of a gene). The effect may cause an allele and the biological trait that it confers to become more common or more rare over successive generations. Ultimately, the drift may either remove the allele from the gene pool or r
The customer is always useful. (Score:1)
As an aside, I think this touches on the biggest mistake people make about large-scale, first-world markets: that they are driven by some sort of diverse consum
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Yes. This has been spelled out in the fascinating book:
Adam's Curse
Bryan Sykes
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Eg: Top of page 295
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The Evolution of Cooperation (Score:2)
In Axelrod's book The Evolution of Cooperation [wikipedia.org] it's made quite clear than even companies/organisations that hate each other will tend towards a cartel/duopoly and finally monopolies. There is nothing within the mechanism of the market that will stop this from happening it's an automatic output from the mathematics. To prevent monopolies you need something external to destabilise the system, which could be the right kind of government legislation (the book contains examples that make things worse) or a new e
-- "It's not magic, it's work..."