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Fitness-maximizers employ pessimistic probability weighting for decisions under risk

The standard theory of rationality posits that agents order preferences according to average utilities associated with different choices. Expected utility theory has repeatedly failed as a predictive theory, as reflected in a growing literature in behavioural economics. Evolutionary theorists have s...

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Detalles Bibliográficos
Autores principales: Price, Michael Holton, Jones, James Holland
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Cambridge University Press 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10427448/
https://www.ncbi.nlm.nih.gov/pubmed/37588378
http://dx.doi.org/10.1017/ehs.2020.28