equation

Price equation

The Price equation is a mathematical description of evolutionary change in a population.
28 related articles · 2 formulas

Description

The Price equation was derived by George Price, who worked in London in the late 1960s. Originally a chemist, he became interested in altruism and evolution. In 1970, he published a paper presenting a universal formula describing evolutionary change. Its beauty lies in its generality—it applies not only to genes but to any reproducing entities: ideas, firms, cultural practices. The formula proved so fundamental that the renowned biologist Steven Frank wrote, 'If you have Price's theorem, you need nothing else.'

History

George Price, an American scientist who moved to England in 1967, became fascinated with the problem of the evolution of altruism. Working with William Hamilton, he sought to provide a rigorous mathematical formulation of natural selection. In 1970, his paper 'Selection and Covariance' was published in Nature, presenting the equation for the first time. Price showed that trait change could be decomposed into a component related to the correlation between trait and fitness, and a component due to changes during inheritance. His work remained little known for a long time but later became a cornerstone in quantitative genetics and game theory.

How it works

The Price equation is widely used in theoretical biology to model quantitative traits, in ecology to analyze species interactions, and in social sciences to study the spread of innovations. Limits of applicability: it describes only one-step change in the mean, not dynamics over time. Moreover, applying it requires precise data on individual traits and fitness, which is rarely feasible in natural populations.

In practice

Scientists use it to predict how quickly bacteria will become resistant to a new antibiotic, or how viruses mutate to evade immunity.

Fun fact

The Price equation is a mathematical identity, meaning it is always true, like 2+2=4. But that is precisely what makes it such a powerful tool for uncovering the mechanisms of evolution.

Concept graph →

Formulas

$$\ce{A + B -> C + D}$$
Chemical species transform into products.
What is in the formula
AvariableReactant species A — chemical species
BvariableReactant species B — chemical species
CvariableProduct species C — chemical species
DvariableProduct species D — chemical species
+operatorCombines reactants or products — addition operator
->operatorIndicates direction of transformation — reaction arrow
oh+soarrowh+so_2 · 2607.02191v1
$$\mathbf{y} = \mathbf{A} \mathbf{x}$$
Output is a linear transformation of input.
What is in the formula
\mathbf{y}variableoutput vector — vector
\mathbf{x}variableinput vector — vector
\mathbf{A}variablelinear transformation matrix — matrix
y=ax · 2607.13204

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