Evolution of preferences in an exchange economy

DOI10.1016/J.ECONLET.2009.03.013zbMath1178.91092OpenAlexW1988290620MaRDI QIDQ1046182

Jannet Chang, Ronald Stauber

Publication date: 21 December 2009

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2009.03.013

zbMATH Keywords

heterogeneityevolutionendogenous preferences

Mathematics Subject Classification ID

Individual preferences (91B08) Consumer behavior, demand theory (91B42)

Related Items (8)

Endogenous evolution of heterogeneous consumers preferences: multistability and coexistence between groups ⋮ Fashion cycle dynamics in a model with endogenous discrete evolution of heterogeneous preferences ⋮ Strong coexistence for a model with endogenous evolution of heterogeneous agents ⋮ Complex dynamics in an evolutionary general equilibrium model ⋮ I love shopping…but what am I going to buy? Social interaction and consumption choices ⋮ An evolutive discrete exchange economy model with heterogeneous preferences ⋮ Fashion cycle dynamics induced by agents' heterogeneity for generic bell-shaped attractiveness functions ⋮ A general equilibrium evolutionary model with two groups of agents, generating fashion cycle dynamics

Cites Work

• Natural Selection and the Origin of Economic Growth
• On the evolution of individualistic preferences: An incomplete information scenario
• Nash equilibrium and the evolution of preferences
• Analogies, adaptation, and anomalies

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