Arbeitspapier

Evolutionarily Stable Preferences in Contests

We define an indirect evolutionary approach formally and apply it to (Tullock)contests. While it is known (Leininger, 2003) that the direct evolutionary approach in the form of finite population ESS (Schaffer, 1988) yields more aggressive behavior than in Nash equilibrium, it is now shown that the indirect evolutionary approach yields the same more aggressive behavior, too. This holds for any population size N, if evolution of preferences is determined by behavior in two-player contests. The evolutionarily stable preferences (ESP) of the indirect approach turn out to be negatively interdependent, thereby rationalizing the more aggressive behavior.

ISBN
978-3-86788-052-7
Language
Englisch

Bibliographic citation
Series: Ruhr Economic Papers ; No. 49

Classification
Wirtschaft
Game Theory and Bargaining Theory: Other
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Subject
Rent Seeking
Wettbewerb
Evolutionäre Spieltheorie
Präferenztheorie
Theorie

Event
Geistige Schöpfung
(who)
Leininger, Wolfgang
Event
Veröffentlichung
(who)
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
(where)
Essen
(when)
2008

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Leininger, Wolfgang
  • Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)

Time of origin

  • 2008

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