@booklet {omeredhan-sapi2015,
	title = {Sex And Portfolio Investment},
	howpublished = {Discussion Papers},
	year = {2015},
	month = {4},
	abstract = {We attempt to answer why sex is nearly ubiquitous when asexual reproduction is ostensibly more efficient than sexual reproduction. From the perspective of a genetic allele, each individual bearing that allele is akin to a stock share yielding dividends equal to that individual{\textquoteright}s number of offspring, and the totality of individuals bearing the allele is its portfolio investment. Alleles compete over portfolio growth, and evolutionary reproduction strategies are essentially on-line learning algorithms seeking improved portfolio growth, with sexual reproduction a goal-directed algorithmic exploration of genotype space by sampling in each generation. The model assumes a stochastically changing environment but not weak selection. We show that in finite population models the algorithm of sexual reproduction yields, with high probability, higher expected growth than the algorithm of asexual reproduction does, proposing this as an explanation to why a majority of species reproduce sexually.},
	url = {/files/dp683.pdf},
	author = {Omer Edhan, Ziv Hellman, Dana Sherill-Rofe}
}
