Sökning: "Laurens Bogaardt"

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  1. 1. The Evolutionary Foundation of Probability Weighting and Hyperbolic Discounting

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Laurens Bogaardt; [2012]
    Nyckelord :Probability weighting; hyperbolic discounting; intimate connection; evolutionary psychology; evolutionary game theory; Business and Economics;

    Sammanfattning : In this paper, we delve into the evolutionary foundation of both probability weighting and hyperbolic discounting. It is argued that it is evolution which selects between various kinds of people those who have the optimal preference profile. As such, utility functions and behavioural biases can be explained from an evolutionary perspective. LÄS MER