Search Results - subject:"Evolution of Preferences"

How exposure to markets can favor inequity-averse preferences

Zubrickas, Robertas - In: Journal of economic behavior & organization : JEBO 84 (2012) 1, pp. 174-181

Persistent link: https://www.econbiz.de/10009700486

Yilankaya, Okan; Dekel, Eddie; Ely, Jeffrey - Vancouver School of Economics - 2004

G, and makes optimal choices given her preferences. The evolution of preferences is driven by the payoffs in G that each … evolution of preferences coincides with the notion of neutrally stable strategy (NSS). Finally, we consider robustness of these …

Persistent link: https://www.econbiz.de/10004970931

What to Maximize if You Must

Heifetz, Aviad; Shannon, Chris; Spiegel, Yossi - Center for Mathematical Studies in Economics and … - 2004

studying the evolution of preferences. This work shows that in strategic interactions, a wide array of distortions of actual … loss stemming from departures from actual payo¤ maximization. Thus the literature on the evolution of preferences … evolution of preferences assumes that preferences are perfectly observed, while it is unclear whether this assumption is …

Persistent link: https://www.econbiz.de/10005588361

Carrot or Stick? Group Selection and the Evolution of Reciprocal Preferences

Herold, Florian - 2003

entirely. Finally, the evolution of preferences for rewarding and the evolution of preferences for punishing influence each …

Persistent link: https://www.econbiz.de/10010427383

Carrot or Stick? Group Selection and the Evolution of Reciprocal Preferences

Herold, Florian - Volkswirtschaftliche Fakultät, … - 2003

entirely. Finally, the evolution of preferences for rewarding and the evolution of preferences for punishing influence each …

Persistent link: https://www.econbiz.de/10005518245

Carrot or stick? : group selection and the evolution of reciprocal preferences

Herold, Florian - 2003 - This version: July 2, 2003

entirely. Finally, the evolution of preferences for rewarding and the evolution of preferences for punishing influence each …

Persistent link: https://www.econbiz.de/10010440934

On the Evolution of Preferences

Gamba, Astrid - Wirtschaftswissenschaftliche Fakultät, … - 2011

A common feature of the literature on the evolution of preferences is that evolution favors nonmaterialistic …

Persistent link: https://www.econbiz.de/10009143374

Chapter 7. The Evolutionary Foundations of Preferences

Robson, Arthur J.; Samuelson, Larry - In: Handbook of social economics : volume 1, (pp. 221-310). 2011

This paper surveys recent work on the evolutionary origins of preferences. We are especially interested in the circumstances under which evolution would push preferences away from the self-interested perfectly-rational expected utility maximization of classical economic theory in order to...

Persistent link: https://www.econbiz.de/10014025696

Probability Weighting as Evolutionary Second-best

Herold, Florian; Netzer, Nick - Institut für Volkswirtschaftslehre, … - 2010

The economic concept of the second-best involves the idea that multiple simultaneous deviations from a hypothetical first-best optimum may be optimal once the first-best itself can no longer be achieved, since one distortion may partially compensate for another. Within an evolutionary framework,...

Persistent link: https://www.econbiz.de/10008526715

Public Goods Games, Altruism, and Evolution

Alger, Ingela - Carleton University, Department of Economics - 2009

How can a desire to cooperate in one-shot interactions survive, even though it gives a material disadvantage to its carrier? I analyze this issue using a one-shot public goods game between two altruistic individuals. Within a pair, the least altruistic individual is better off materially....

Persistent link: https://www.econbiz.de/10005089374