Project

Evolution and preference formation

Duration
01 October 2008 → 01 October 2009
Funding
Regional and community funding: Special Research Fund
Research disciplines
  • Social sciences
    • Applied economics
    • Economic history
    • Macroeconomics and monetary economics
    • Microeconomics
    • Tourism
Keywords
discrimination evolutionary game-theory addiction
 
Project description

Intuitively, one would expect that only payoff-maximizing preferences are evolutionary stable. However, when preferences are completely or parially observed, this does not have to be the case. For my post-doctoral research I will try to expand the list of non-payoff maximizing preferences, that are rationalized by the indirect evolutionary approach with (i) habit formation and addiction and (ii) discriminatory behavior.