Narrow search
Showing 1 - 10 of 14
Cover Image
International trade and cultural diversity : a model of preference selection
Bala, Vankatesh; Long, Ngo Van - 2004
We consider the evolution of preferences when trade occurs between two countries. We show that if one country is much …
Persistent link: https://www.econbiz.de/10011450172
Cover Image
The evolution of morals under indirect reciprocity
Gaudeul, Alexia; Keser, Claudia; Müller, Stephan - 2019 - Revised version June 2019
We study the coexistence of strategies in the indirect reciprocity game where agents have access to second-order information. We fully characterize the evolutionary stable equilibria and analyze their comparative statics with respect to the cost-benefit ratio (CBR). There are indeed only two...
Persistent link: https://www.econbiz.de/10012011743
Cover Image
The endowment effect as blessing
Frenkel, Sivan; Heller, Yuval; Teper, Roee - 2017
We study the idea that seemingly unrelated behavioral biases can coevolve if they jointly compensate for the errors that any one of them would give rise to in isolation. We suggest that the "endowment effect" and the "winner's curse" could have jointly survived natural selection together. We...
Persistent link: https://www.econbiz.de/10011661133
Cover Image
The evolution of inequality aversion in a simplified game of life
Müller, Stephan - 2014
This paper applies the indirect evolutionary approach to study the evolution of inequality aversion in a simplified … for the evolution of preferences. In singlegame environments, there emerges a global advantage for inequality …
Persistent link: https://www.econbiz.de/10010418803
Cover Image
Evolution of cooperation in social dilemmas : signaling internalized norms
Müller, Stephan; Wangenheim, Georg von - 2014
The article suggests a new explanation for cooperation in large, unstructured societies that avoids the restrictions required in most previous attempts. Our explanation deals with the role of internalized norms. Even internalized norms, i.e. norms that alter the perceived utility from acting in...
Persistent link: https://www.econbiz.de/10010429142
Cover Image
The coevolution of morals under indirect reciprocity
Gaudeul, Alexia; Keser, Claudia; Müller, Stephan - 2019
We study the coexistence of strategies in the indirect reciprocity game where agents have access to second-order information. We fully characterize the evolutionary stable equilibria and analyze their comparative statics with respect to the cost-benefit ratio (CBR). There are indeed only two...
Persistent link: https://www.econbiz.de/10012005678
Cover Image
Reciprocity : weak or strong? : what punishment experiments do (and do not) demonstrate
Guala, Francesco - 2010
Persistent link: https://www.econbiz.de/10011754281
Cover Image
Evolution of cooperation in social dilemmas : signaling internalized norms ; conference paper
Müller, Stephan; Wangenheim, Georg von - 2014
Economists have a long tradition in identifying the evolution of cooperation in large, unstructured societies as a …
Persistent link: https://www.econbiz.de/10010483272
Cover Image
Strategies and evolution in the minority game : a multi-round strategy experiment
Linde, Jona; Sonnemans, Joep; Tuinstra, Jan - 2013
Persistent link: https://www.econbiz.de/10010191416
Cover Image
Rules, preferences and evolution from the family angle
Cigno, Alessandro - 2021
This paper reviews the literature concerning the evolution of cultural traits in general and preferences in particular … effectively the clone of an existing one (either a parent or anyone else), there may be evolution only in the demographic sense … that the share of the population who hold a certain trait increases or decreases. Evolution in the strict sense of new …
Persistent link: https://www.econbiz.de/10012600188