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On evolutionary stability of spiteful preferences

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Author Info
Possajennikov, A. (Tilburg University, Center for Economic Research)

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Abstract

The paper analyzes under what conditions spiteful preferences are evolutionarily stable applying the indirect evolution approach. With a quadratic material payoff function, spiteful preferences are evolutionarily stable for a large set of parameters. It is shown that strategic substitutability or complementarity is endogenous property of the game played with evolutionarily stable preferences. Its relation to properties of the material payoff function is analyzed. Finally, it is shown that with incomplete information only selfish preferences are evolutionarily stable.

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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 56.

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Date of creation: 1999
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Handle: RePEc:dgr:kubcen:199956

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Jeffrey C. Ely & Okan Yilankaya, 1997. "Nash Equilibrium and the Evolution of Preferences," Discussion Papers 1191, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  2. W. Güth & B. Peleg, . "When will the fittest survive? -An indirect evolutionary analysis-," Sonderforschungsbereich 373 1997-71, Humboldt Universitaet Berlin.
  3. Kockesen, Levent & Ok, Efe A. & Sethi, Rajiv, 1997. "The Strategic Advantage of Negatively Interdependent Preferences," Working Papers 97-34, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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  4. Levent Kockesen & Efe A. Ok & Rajiv Sethi, 1997. "On the Strategic Advantage of Negatively Interdependent Preferences," Game Theory and Information 9708001, EconWPA, revised 08 Aug 1997. [Downloadable!]
  5. Bester, Helmut & Guth, Werner, 1998. "Is altruism evolutionarily stable?," Journal of Economic Behavior & Organization, Elsevier, vol. 34(2), pages 193-209, February. [Downloadable!] (restricted)
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  6. M. Dufwenberg & W. Güth, . "Indirect Evolution Versus Strategic Delegation: A Comparison of Two Approaches to Explaining Economic Institutions," Sonderforschungsbereich 373 1997-28, Humboldt Universitaet Berlin.
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  7. Kandori, Michihiro & Mailath, George J & Rob, Rafael, 1993. "Learning, Mutation, and Long Run Equilibria in Games," Econometrica, Econometric Society, vol. 61(1), pages 29-56, January. [Downloadable!] (restricted)
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  8. Fernando Vega-Redondo, 1997. "The Evolution of Walrasian Behavior," Econometrica, Econometric Society, vol. 65(2), pages 375-384, March.
  9. Jorgen W. Weibull, 1997. "Evolutionary Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262731215.
  10. Rabin, Matthew, 1993. "Incorporating Fairness into Game Theory and Economics," American Economic Review, American Economic Association, vol. 83(5), pages 1281-1302, December. [Downloadable!] (restricted)
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  1. César A.Salazar & Mauricio G.Villena, 2005. "Evolución de preferencias bajo escenarios de información completa e incompleta: teoría y evidencia experimental," Estudios de Economia, University of Chile, Department of Economics, vol. 32(2 Year 20), pages 159-186, December. [Downloadable!]
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