R. Aumann et W. Guth, Species survival and evolutionary stability in sustainable habitats - The concept of ecological stability, J EVOL ECON, 10(4), 2000, pp. 437-447
Whoever exists belongs to a species, which did not become extinct, has a (g
eno-)type, which should be well adjusted, and lives in a habitat which has
been sustainable for a long time. We do not only analyze interspecies compe
tition and the conditions for species survival, but also intraspecies compe
tition of (geno-)types as in evolutionary biology and game theory. Survival
in inter and intraspecies competition together with sustainability define
ecological stability, a concept which we illustrate by an example of solita
ry and social grazers who compete for food supply and who are endangered by
the same predators. Although our approach is inspired by empirical evidenc
e, no systematic attempt is made to apply it to some specific ecology. JEL-
classification: C70, C72.