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Springer Evolution of Non-Expected Utility Preferences: 606 (Lecture Notes in Economics and Mathematical Systems, 606)

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Description

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 an evolutionary setup. In particular, we demonstrate that preferences which diverge from von Neumann-Morgenstern expected utility may potentially prove to be successful under evolutionary pressures.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
11 January 2008
Listed Since
25 October 2007

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