This paper is an effort to convince the reader that using a stochastic stage game in a repeated setting - rather than a deterministic one - comes with many advantages. The first is that as a game it is more realistic to assume that payoffs in future games are uncertain. The second is that it...

Alger and Weibull (2013) present a model for the evolution of preferences under incomplete information and assortative matching. Their main result is that Homo Moralis - who maximizes a convex combination of her narrow self-interest and "the right thing to do" - is evolutionarily stable, if it...

Alger and Weibull (2013) ask the question whether a combination of assortative matching and incomplete information leads to the evolution of moral or altruistic preferences. Their central result states that Homo Hamiltonenis - a type that has moral preferences with a morality parameter equal to...

Alger and Weibull (2013) ask the question whether a combination of assortative matching and incomplete information leads to the evolution of moral or altruistic preferences. Their central result states that Homo Hamiltonenis – a type that has moral preferences with a morality parameter equal...

Alger and Weibull (2013) present a model for the evolution of preferences under incomplete information and assortative matching. Their main result is that Homo Moralis – who maximizes a convex combination of her narrow self-interest and “the right thing to do” – is evolutionarily stable,...