Weinschelbaum, Federico; Levine, David K.; Modica, Salvatore - Departamento de Economía, Universidad de San Andrés - 2010
The literature on the evolution of impatience, focusing on one-person decision problems, finds that evolutionary forces favor the more patient individuals. This paper shows that in the context of a game, this is not necessarily the case. In particular, it offers a two-population example where...