On the biological foundation of risk preferences

DOI10.1016/j.jet.2017.10.002zbMath1397.92599OpenAlexW2189502241MaRDI QIDQ1676472

Roberto Robatto, Balázs Szentes

Publication date: 7 November 2017

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://eprints.lse.ac.uk/84875/1/Szentes_Biological%20foundation_2017.pdf

zbMATH Keywords

evolutionrisk preferencesexpected utility

Mathematics Subject Classification ID

Problems related to evolution (92D15) Utility theory (91B16) Population dynamics (general) (92D25)

Related Items (3)

Evolved attitudes to idiosyncratic and aggregate risk in age-structured populations ⋮ Evolutionary foundation for heterogeneity in risk aversion ⋮ The evolution of risk attitudes with fertility thresholds

Cites Work

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• A biological basis for expected and non-expected utility
• A Smooth Model of Decision Making under Ambiguity
• Estimation of Continuous-Time Markov Processes Sampled at Random Time Intervals

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