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

 
9783540768418: Evolution of Non-Expected Utility Preferences: 606 (Lecture Notes in Economics and Mathematical Systems, 606)

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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.

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Paperback. Condition: new. Paperback. 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. The theory on the evolution of preferences deals with the endogenous formation of preference relations in strategic situations. In particular, we demonstrate that preferences which diverge from von Neumann-Morgenstern expected utility may potentially prove to be successful under evolutionary pressures. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9783540768418

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