Arbeitspapier

Combining rational choice and evolutionary dynamics: The indirect evolutionary approach

In this study we propose a formal framework for the indirect evolutionary approach as initiated by Güth and Yaari (1992). It allows to endogenize preferences and to study their evolution. We define two-player indirect evolutionary games with observable types and show how to incorporate symmetric as well as asymmetric situations. We show how to apply solution concepts that are well known from game theory and evolutionary game theory to solve these games. For illustration we include two examples.

Language
Englisch

Bibliographic citation
Series: SFB 373 Discussion Paper ; No. 1999,39

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Königstein, Manfred
Müller, Wieland
Event
Veröffentlichung
(who)
Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
(where)
Berlin
(when)
1999

Handle
URN
urn:nbn:de:kobv:11-10046269
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Königstein, Manfred
  • Müller, Wieland
  • Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes

Time of origin

  • 1999

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