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
Abstract: This paper studies evolutionary games in which players can condition their strategy choice...
Psychologists report that people make choices on the basis of "decision utilities'' that routinely o...
Ever since von Neumann and Morgenstern presented their expected utility theory, the axioms (assump...
von Widekind S. Evolution of non-expected utility preferences. Lecture notes in economics and mathem...
A common feature of the literature on the evolution of preferences is that evolution favors nonmater...
The literature on the evolution of preferences of individuals in strategic interactions is vast and ...
this paper we explore an evolutionary model where preferences, in particular attitudes toward risk, ...
The paper analyzes under what conditions spiteful preferences are evolutionarily stable applying the...
We propose an evolutionary theory of how economic environments shape individual preferences. Consump...
Abstract. We compare level-k utility maximization and level-k regret minimization in evolutionary co...
What kind of preferences should one expect evolution to favor? We propose a definition of evolutiona...
National audienceThe 50-year old definition of an evolutionarily stable strategy provided a key tool...
ABSTRACT: Human utility embodies a number of seemingly ir-rational aspects. The leading example in t...
A population of players of players is randomly matched to play a normal form game G. The payoffs in ...
This paper investigates strategic interaction between rational agents whose preferences evolve over ...
Abstract: This paper studies evolutionary games in which players can condition their strategy choice...
Psychologists report that people make choices on the basis of "decision utilities'' that routinely o...
Ever since von Neumann and Morgenstern presented their expected utility theory, the axioms (assump...
von Widekind S. Evolution of non-expected utility preferences. Lecture notes in economics and mathem...
A common feature of the literature on the evolution of preferences is that evolution favors nonmater...
The literature on the evolution of preferences of individuals in strategic interactions is vast and ...
this paper we explore an evolutionary model where preferences, in particular attitudes toward risk, ...
The paper analyzes under what conditions spiteful preferences are evolutionarily stable applying the...
We propose an evolutionary theory of how economic environments shape individual preferences. Consump...
Abstract. We compare level-k utility maximization and level-k regret minimization in evolutionary co...
What kind of preferences should one expect evolution to favor? We propose a definition of evolutiona...
National audienceThe 50-year old definition of an evolutionarily stable strategy provided a key tool...
ABSTRACT: Human utility embodies a number of seemingly ir-rational aspects. The leading example in t...
A population of players of players is randomly matched to play a normal form game G. The payoffs in ...
This paper investigates strategic interaction between rational agents whose preferences evolve over ...
Abstract: This paper studies evolutionary games in which players can condition their strategy choice...
Psychologists report that people make choices on the basis of "decision utilities'' that routinely o...
Ever since von Neumann and Morgenstern presented their expected utility theory, the axioms (assump...