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

Von Widekind, Sven

 
9783540768418: Evolution of Non-Expected Utility Preferences (Lecture Notes in Economics and Mathematical Systems): 606

Inhaltsangabe

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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Reseña del editor

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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9783540846055: Evolution of Non-Expected Utility Preferences

Vorgestellte Ausgabe

ISBN 10:  3540846050 ISBN 13:  9783540846055
Softcover