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Theoretical Economics >
Volume 1, Number 1 (March 2006) >

Please use this identifier to cite or link to this item: http://hdl.handle.net/1807/4782

Title: Information, evolution and utility
Authors: Samuelson, Larry; University of Wisconsin
Swinkels, Jeroen M.; Washington University in St. Louis
Keywords: Evolution, information, internal conflict, self control, temptation, time consistency, utility
C70, C72, D80, D82
Issue Date: 2-Mar-2006
Publisher: Theoretical Economics
Citation: Theoretical Economics; Vol 1, No 1 (2006), pages 119-142
Abstract: [This item is a preserved copy. To view the original, visit http://econtheory.org/] Human utility embodies a number of seemingly irrational aspects. The leading example in this paper is that utilities often depend on the presence of salient unchosen alternatives. Our focus is to understand <i>why</i> an evolutionary process might optimally lead to such seemingly dysfunctional features in our motivations and to derive implications for the nature of our utility functions.
URI: http://hdl.handle.net/1807/4782
Other Identifiers: http://econtheory.org/ojs/index.php/te/article/view/20060119
Rights: Authors who publish in <i>Theoretical Economics</i> will release their articles under the <a href="http://creativecommons.org/licenses/by-nc/2.5/">Creative Commons Attribution-NonCommercial license</a>. This license allows anyone to copy and distribute the article for non-commercial purposes provided that appropriate attribution is given.
Appears in Collections:Volume 1, Number 1 (March 2006)

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