Evolution of Non-Expected Utility Preferences
Author:   Sven von Widekind
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition:   2008 ed.
Volume:   606
ISBN:  

9783540768418


Pages:   130
Publication Date:   11 January 2008
Format:   Paperback
Availability:   In Print   Availability explained
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Evolution of Non-Expected Utility Preferences


Overview

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.

Full Product Details

Author:   Sven von Widekind
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Edition:   2008 ed.
Volume:   606
Dimensions:   Width: 15.50cm , Height: 0.70cm , Length: 23.50cm
Weight:   0.454kg
ISBN:  

9783540768418


ISBN 10:   3540768416
Pages:   130
Publication Date:   11 January 2008
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

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.

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NOV RG 20252

 

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