Evolution of Non-Expected Utility Preferences 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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von Widekind, Sven 作者

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出版日期

130 页数

$ 123.17 价格

丛书系列

9783540768418 图书编码

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发表于2024-11-10

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Evolution of Non-Expected Utility Preferences 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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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. Models are based on the 'indirect evolutionary approach' according to which preferences determine choice behavior which in turn determines evolutionary success. The latter eventually governs the evolution of preferences. Literature usually considers a class of preferences which admit an expected utility representation. 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. Furthermore, we contribute to the research into existence issues for so-called stable populations. In particular, we show that such a stable population exists for any specification of the fitness values.

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