Titlebook: Evolution of Non-Expected Utility Preferences; Sven Widekind Book 2008 Springer-Verlag Berlin Heidelberg 2008 Efficient Strategy.Evolution

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https://doi.org/10.1007/978-3-658-17331-9 types in the support of such a stable population need to obtain the efficient fitness in each of their matches. In this chapter we like to illustrate the significance of the results and discuss differences to findings in other works on evolutionary issues with a couple of examples. In Sect. 3.1 we

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Manfred Faber,Undine Zumpe,Christof Kerscherzing behavior is explicitly embedded. As we have seen in Chap. 2, this broadness enables us to prove existence of a stable population for any finite number of pure strategies. An objection that could possibly be raised against this setup is that some very abstract and peculiar preferences could emer

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Erfolgreiche Führung im 3. JahrtausendNumerous empirical studies have demonstrated that individual choice behavior in the context of risk and uncertainty is not consistent with von Neumann and Morgenstern’s expected utility theory. The latter’s central assumption, the independence axiom, is known to be systematically violated.

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Conclusions,Numerous empirical studies have demonstrated that individual choice behavior in the context of risk and uncertainty is not consistent with von Neumann and Morgenstern’s expected utility theory. The latter’s central assumption, the independence axiom, is known to be systematically violated.

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Sven WidekindIncludes supplementary material:

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Lecture Notes in Economics and Mathematical Systemshttp://image.papertrans.cn/e/image/317749.jpg