Evolution of Non-Expected Utility Preferences

by Sven Widekind

The theory on the evolution of preferences deals with the endogenous formation of preference relations in strategic situations. It is related to the field of evolutionary game theory. In this book we analyze the role and the influence of general, possibly non-expected utility preferences in such an evolutionary setup. In particular, we demonstrate that preferences which diverge from von Neumann-Morgenstern expected utility may potentially prove to be successful under evolutionary pressures.

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Year of publication:	2008
Other Persons:	Widekind, Sven (contributor)
Publisher:	Berlin, Heidelberg : Springer-Verlag Berlin Heidelberg
Subject:	Präferenztheorie \| Theory of preferences \| Evolutionäre Spieltheorie \| Evolutionary game theory \| Erwartungsnutzen \| Expected utility \| Theorie \| Theory \| Präferenzrelation \| Entscheidung bei Risiko
Description of contents:	Table of Contents [swbplus.bsz-bw.de] ; Description [swbplus.bsz-bw.de] ; Description [zbmath.org]

Extent:	Online-Ressource (digital)
Series:	SpringerLink / Bücher
Type of publication:	Book / Working Paper
Language:	English
Notes:	Front Matter; Introduction; The Model and a General Existence Result; Examples: Properties of the Model; Evolutionary Extinction of Expected Utility Preferences; Evolution with More Sophisticated Types; A Model with Two Populations; Conclusions; Back Matter
ISBN:	978-3-540-76845-6 ; 978-3-540-76841-8
Other identifiers:	10.1007/978-3-540-76845-6 [DOI]
Classification:	Angewandte Mathematik ; Methoden und Techniken der Betriebswirtschaft
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013520896