Dynamically Stable Preferences.
This paper models the indirect evolution of the preferences of a population of fully rational agents repeatedly matched to play a symmetric 2 £ 2 game in biological fitnesses. Each agent is biased in favor of one of the strategies, and receives a noisy signal of his and his opponent's bias. Wit...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2004
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