Evolutionary game theory: A renaissance

J Newton - Games, 2018 - mdpi.com
Economic agents are not always rational or farsighted and can make decisions according to
simple behavioral rules that vary according to situation and can be studied using the tools of …

Evolutionarily stable preferences

I Alger - Philosophical Transactions of the Royal Society …, 2023 - royalsocietypublishing.org
The 50-year old concept of an evolutionarily stable strategy provided a key tool for theorists
to model ultimate drivers of behaviour in social interactions. For decades, economists …

From outcome-based to language-based preferences

V Capraro, JY Halpern, M Perc - Journal of Economic Literature, 2024 - aeaweb.org
We review the literature on models that try to explain human behavior in social interactions
described by normal-form games with monetary payoffs. We start by covering social and …

An evolutionary contractualist theory of morality

Our goal in this paper is to use an evolutionary approach to explain the existence and
design features of human moral cognition. Our premise is that humans are under selection …

How to regulate carbon emissions with climate-conscious consumers

F Herweg, KM Schmidt - The Economic Journal, 2022 - academic.oup.com
Carbon prices are the most cost-effective instrument to reduce CO emissions, but there is
strong political opposition to raising them to the efficient level. Therefore, additional efforts of …

Social preferences: fundamental characteristics and economic consequences

E Fehr, G Charness - Available at SSRN 4464745, 2023 - papers.ssrn.com
We review the vast literature on social preferences by assessing what is known about their
fundamental properties, their distribution in the broader population, and their consequences …

Revealed preferences in a sequential prisoners' dilemma: A horse-race between six utility functions

T Miettinen, M Kosfeld, E Fehr, J Weibull - Journal of Economic Behavior & …, 2020 - Elsevier
We experimentally investigate behavior and beliefs in a sequential prisoner's dilemma. Each
subject had to choose an action as first mover and a conditional action as second mover. All …

Evolutionary models of preference formation

I Alger, JW Weibull - Annual Review of Economics, 2019 - annualreviews.org
The literature on the evolution of preferences of individuals in strategic interactions is vast
and diverse. We organize the discussion around the following question: Supposing that …

Conventions under heterogeneous behavioural rules

J Newton - The Review of Economic Studies, 2021 - academic.oup.com
Strategies of players in a population are updated according to the behavioural rules of
agents, where each agent is a player or a coalition of players. It is known that classic results …

A brave new world? Kantian–Nashian interaction and the dynamics of global climate change mitigation

RQ Grafton, T Kompas, N Van Long - European Economic Review, 2017 - Elsevier
We model game-theoretic situations in which agents motivated by Kantian ethics interact
with conventional Nashian agents. We define the concept of generalized Kant–Nash …