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Persistent link: https://www.econbiz.de/10012244043
, 2003) that the direct evolutionary approach in the form of finite population ESS (Schaffer, 1988) yields more aggressive …
Persistent link: https://www.econbiz.de/10003730276
Persistent link: https://www.econbiz.de/10003557326
We study the coevolution of cooperation, preferences, and cooperative signals in an environment where individuals engage in a signaling-extended prisoner's dilemma. We prove the existence of a cooperative equilibrium constituted by a (set of) limit cycle(s) and stabilized by the dynamic...
Persistent link: https://www.econbiz.de/10012018665
Paying it forward" is a behavior in which people help someone else because they were helped in the past. Although experimental evidence exists that indicates that real human beings often "pay-it-forward" even in the face of free-rider risks, the theoretical basis for the evolution of this...
Persistent link: https://www.econbiz.de/10014636252
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...
Persistent link: https://www.econbiz.de/10013520896
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...
Persistent link: https://www.econbiz.de/10012685094
, 2003) that the direct evolutionary approach in the form of finite population ESS (Schaffer, 1988) yields more aggressive …
Persistent link: https://www.econbiz.de/10003728964
We investigate an extension of Dekel, Ely and Yilankaya's (2004) treatment of the evolution of preference to more general, possibly non-expected utility preferences. Along the lines of their analysis we consider a population of types that is repeatedly and randomly matched to play the mixed...
Persistent link: https://www.econbiz.de/10003731656
We analyse finite two player games in which agents maximize given arbitrary private payoffs which we call ideologies. We define an equilibrium concept and prove existence. Based on this setup, a monotone evolutionary dynamic governs the distribution of ideologies within the population. For any...
Persistent link: https://www.econbiz.de/10003771292