Heifetz, Aviad; Shannon, Chris; Spiegel, Yossi - Center for Mathematical Studies in Economics and … - 2004
studying the evolution of preferences. This work shows that in
strategic interactions, a wide array of distortions of actual … loss stemming from
departures from actual payo¤ maximization. Thus the literature on the evolution of
preferences … evolution of preferences assumes that preferences are perfectly observed, while it is
unclear whether this assumption is …