Fitness-maximizers employ pessimistic probability weighting for decisions under risk
The standard theory of rationality posits that agents order preferences according to average utilities associated with different choices. Expected utility theory has repeatedly failed as a predictive theory, as reflected in a growing literature in behavioural economics. Evolutionary theorists have s...
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| Format: | Artikel |
| Sprache: | English |
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Cambridge University Press
2020-01-01
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| Schriftenreihe: | Evolutionary Human Sciences |
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| Online Zugang: | https://www.cambridge.org/core/product/identifier/S2513843X20000286/type/journal_article |