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The Evolution of Strategic Behaviour

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  • Arthur J. Robson

Abstract

This paper is a selective survey of recent work on evolutionary models of games. It is shown how evolution, in a literal biological sense, may have generated the attitudes to risk that are the basis of strategic behavior. Such attitudes to risk may or may not conform to the expected utility theorem. Although strategic behavior itself is bound to be importantly influenced by nongenetic mechanisms, these mechanisms may remain analogous to biological inheritance, at least in special cases. The theory of evolutionary games derived in this way is sketched and applications to various coordination games are discussed.

Suggested Citation

  • Arthur J. Robson, 1995. "The Evolution of Strategic Behaviour," Canadian Journal of Economics, Canadian Economics Association, vol. 28(1), pages 17-41, February.
  • Handle: RePEc:cje:issued:v:28:y:1995:i:1:p:17-41
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    Cited by:

    1. De Fraja, Gianni, 2009. "The origin of utility: Sexual selection and conspicuous consumption," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 51-69, October.
    2. Ibragimov, Rustam, 2008. "A Tale of Two Tails: Peakedness Properties in Inheritance Models of Evolutionary Theory," Scholarly Articles 2624003, Harvard University Department of Economics.
    3. Geoffrey Hodgson & Thorbjørn Knudsen, 2006. "Dismantling Lamarckism: why descriptions of socio-economic evolution as Lamarckian are misleading," Journal of Evolutionary Economics, Springer, vol. 16(4), pages 343-366, October.
    4. Xiangzheng Deng & Zhan Wang & Chunhong Zhao, 2016. "Economic Evolution In China Ecologically Fragile Regions," Journal of Economic Surveys, Wiley Blackwell, vol. 30(3), pages 552-576, July.
    5. De Fraja, Gianni, 2006. "The Origin of Utility," CEPR Discussion Papers 5859, C.E.P.R. Discussion Papers.
    6. Paul H. Rubin & E. Somanathan, 1999. "Humans as factors of production: an evolutionary analysis," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 19(7-8), pages 441-455.
    7. McMullen, Jeffery S., 2018. "Organizational hybrids as biological hybrids: Insights for research on the relationship between social enterprise and the entrepreneurial ecosystem," Journal of Business Venturing, Elsevier, vol. 33(5), pages 575-590.

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