Evolution of Non-Expected Utility Preferences (Lecture Notes in Economics and Mathematical Systems): 606 - Brossura

Von Widekind, Sven

Brossura

ISBN 10: 3540768416 ISBN 13: 9783540768418

Casa editrice: Springer, 2008

Riassunto

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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Contenuti

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.

Product Description

Book by Widekind Sven von

Dettagli dell'edizione

• Editore: Springer
• Data di pubblicazione: 2008
• Lingua: Inglese
• ISBN 10: 3540768416
• ISBN 13: 9783540768418
• Rilegatura: Copertina flessibile
• Numero di pagine: 144
• Contatto del produttore: non disponibile
• Persona responsabile: CMN Printpool Inh. Mathis Neumann; https://www.also.com/ec/cms5/en_6000/6000/index.jsp; ; Friedrich-Karl-Str. 9; Hamburg; Germania