Information, evolution and utility
Human utility embodies a number of seemingly irrational aspects. The leading example in this paper is that utilities often depend on the presence of salient unchosen alternatives. Our focus is to understand <i>why</i> an evolutionary process might optimally lead to such seemingly dysfunc...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Econometric Society
2006-03-01
|
| Series: | Theoretical Economics |
| Subjects: | |
| Online Access: | http://econtheory.org/ojs/index.php/te/article/view/20060119/451/15 |