DEKEL, EDDIE; ELY, JEFFREY C.; YILANKAYA, OKAN - In: Review of Economic Studies 74 (2007) 3, pp. 685-704
We endogenize preferences using the "indirect evolutionary approach". Individuals are randomly matched to play a two-person game. Individual (subjective) preferences determine their behaviour and may differ from the actual (objective) pay-offs that determine fitness. Matched individuals may...
