Evolution of Risk-Taking Behaviour and Status Preferences in Anti-coordination Games
Author
Abstract
Suggested Citation
DOI: 10.1007/s13235-023-00537-4
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Manuel Staab, 2020. "Evolution of Risk-Taking Behaviour and Status Preferences in Anti-Coordination Games," Papers 2011.02740, arXiv.org, revised Mar 2023.
References listed on IDEAS
- Debraj Ray & Arthur Robson, 2012. "Status, Intertemporal Choice, and Risk‐Taking," Econometrica, Econometric Society, vol. 80(4), pages 1505-1531, July.
- Ed Hopkins & Tatiana Kornienko, 2004.
"Running to Keep in the Same Place: Consumer Choice as a Game of Status,"
American Economic Review, American Economic Association, vol. 94(4), pages 1085-1107, September.
- Ed Hopkins & Tatiana Kornienko, 2002. "Running to Keep in the Same Place: Consumer Choice as a Game of Status," Edinburgh School of Economics Discussion Paper Series 92, Edinburgh School of Economics, University of Edinburgh.
- Aumann, Robert J., 1974.
"Subjectivity and correlation in randomized strategies,"
Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 67-96, March.
- AUMANN, Robert J., 1974. "Subjectivity and correlation in randomized strategies," LIDAM Reprints CORE 167, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- R. Aumann, 2010. "Subjectivity and Correlation in Randomized Strategies," Levine's Working Paper Archive 389, David K. Levine.
- Ball, Sheryl & Eckel, Catherine C., 1998.
"The economic value of status,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 27(4), pages 495-514.
- Ball, Sheryl & Eckel, Catherine C., 1998. "The Economic Value of Status," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 24(4), pages 495-514.
- Erzo F. P. Luttmer, 2005.
"Neighbors as Negatives: Relative Earnings and Well-Being,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(3), pages 963-1002.
- Luttmer, Erzo F. P., 2004. "Neighbors as Negatives: Relative Earnings and Well-Being," Working Paper Series rwp04-029, Harvard University, John F. Kennedy School of Government.
- Erzo F.P. Luttmer, 2004. "Neighbors as Negatives: Relative Earnings and Well-Being," NBER Working Papers 10667, National Bureau of Economic Research, Inc.
- David Clingingsmith & Roman M. Sheremeta, 2018.
"Status and the demand for visible goods: experimental evidence on conspicuous consumption,"
Experimental Economics, Springer;Economic Science Association, vol. 21(4), pages 877-904, December.
- David Clingingsmith & Roman M. Sheremeta, 2015. "Status and the Demand for Visible Goods: Experimental Evidence on Conspicuous Consumption," Working Papers 15-27, Chapman University, Economic Science Institute.
- Clingingsmith, David & Sheremeta, Roman M, 2017. "Status and the Demand for Visible Goods: Experimental Evidence on Conspicuous Consumption," SocArXiv vjz2q, Center for Open Science.
- Clingingsmith, David & Sheremeta, Roman, 2015. "Status and the Demand for Visible Goods: Experimental Evidence on Conspicuous Consumption," MPRA Paper 68202, University Library of Munich, Germany.
- Dekel, Eddie & Scotchmer, Suzanne, 1999.
"On the Evolution of Attitudes towards Risk in Winner-Take-All Games,"
Journal of Economic Theory, Elsevier, vol. 87(1), pages 125-143, July.
- Dekel, E. & Scotchmer, S., 1999. "On the Evolution of Attitudes Towards Risk in Winner-Take-All Games," Papers 4-99, Tel Aviv.
- Sjaak Hurkens & Karl Schlag, 2003. "Evolutionary insights on the willingness to communicate," International Journal of Game Theory, Springer;Game Theory Society, vol. 31(4), pages 511-526, September.
- Ingela Alger & Jörgen W. Weibull, 2013.
"Homo Moralis—Preference Evolution Under Incomplete Information and Assortative Matching,"
Econometrica, Econometric Society, vol. 81(6), pages 2269-2302, November.
- Alger, Ingela & Weibull, Jörgen, 2012. "Homo Moralis-Preference evolution under incomplete information and assortative matching," LERNA Working Papers 12.17.374, LERNA, University of Toulouse.
- Alger, Ingela & Weibull, Jörgen W., 2012. "Homo Moralis-Preference evolution under incomplete information and assortative matching," TSE Working Papers 12-281, Toulouse School of Economics (TSE).
- Ingela Alger & Jörgen W. Weibull, 2012. "Homo Moralis: Preference Evolution under Incomplete Information and Assortative Matching," Carleton Economic Papers 12-01, Carleton University, Department of Economics, revised 14 May 2012.
- Andrew E. Clark & Nicolai Kristensen & Niels Westergård-Nielsen, 2009.
"Economic Satisfaction and Income Rank in Small Neighbourhoods,"
Journal of the European Economic Association, MIT Press, vol. 7(2-3), pages 519-527, 04-05.
- Andrew E. Clark & Nicolai Kristensen & Niels Westergård-Nielsen, 2008. "Economic satisfaction and income rank in small neighbourhoods," Working Papers halshs-00586254, HAL.
- Andrew E. Clark & Niels Westergaard-Nielsen & Nicolai Kristensen, 2009. "Economic satisfaction and income rank in small neighbourhoods," PSE-Ecole d'économie de Paris (Postprint) halshs-00754383, HAL.
- Clark, Andrew E. & Kristensen, Nicolai & Westergård-Nielsen, Niels C., 2008. "Economic Satisfaction and Income Rank in Small Neighbourhoods," IZA Discussion Papers 3813, Institute of Labor Economics (IZA).
- Clark, Andrew E. & Kristensen, Nicolai & Westergaard-Nielsen, Niels, 2008. "Economic Satisfaction and Income Rank in Small Neighbourhoods," Working Papers 08-25, University of Aarhus, Aarhus School of Business, Department of Economics.
- Andrew E. Clark & Nicolai Kristensen & Niels Westergård-Nielsen, 2008. "Economic satisfaction and income rank in small neighbourhoods," PSE Working Papers halshs-00586254, HAL.
- Andrew E. Clark & Niels Westergaard-Nielsen & Nicolai Kristensen, 2009. "Economic satisfaction and income rank in small neighbourhoods," Post-Print halshs-00754383, HAL.
- Arthur J. Robson, 2001. "The Biological Basis of Economic Behavior," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 11-33, March.
- Robson, Arthur J., 1996. "The Evolution of Attitudes to Risk: Lottery Tickets and Relative Wealth," Games and Economic Behavior, Elsevier, vol. 14(2), pages 190-207, June.
- Herold, Florian & Kuzmics, Christoph, 2020.
"The evolution of taking roles,"
Journal of Economic Behavior & Organization, Elsevier, vol. 174(C), pages 38-63.
- Herold, Florian & Kuzmics, Christoph, 2016. "The evolution of taking roles," BERG Working Paper Series 115, Bamberg University, Bamberg Economic Research Group.
- Florian Herold & Christoph Kuzmics, 2017. "The evolution of taking roles," Graz Economics Papers 2017-09, University of Graz, Department of Economics.
- Corneo, Giacomo & Jeanne, Olivier, 1998. "Social organization, status, and savings behavior," Journal of Public Economics, Elsevier, vol. 70(1), pages 37-51, October.
- Larry Samuelson, 2004. "Information-Based Relative Consumption Effects," Econometrica, Econometric Society, vol. 72(1), pages 93-118, January.
- Eddie Dekel & Jeffrey C. Ely & Okan Yilankaya, 2007. "Evolution of Preferences -super-1," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(3), pages 685-704.
- Yuval Heller & Ilan Nehama, 2021.
"Evolutionary Foundation for Heterogeneity in Risk Aversion,"
Papers
2110.11245, arXiv.org, revised Jan 2023.
- Heller, Yuval & NEHAMA, Ilan, 2021. "Evolutionary Foundation for Heterogeneity in Risk Aversion," MPRA Paper 110194, University Library of Munich, Germany.
- Robson, Arthur J, 1992. "Status, the Distribution of Wealth, Private and Social Attitudes to Risk," Econometrica, Econometric Society, vol. 60(4), pages 837-857, July.
- Heller, Yuval & Nehama, Ilan, 2023. "Evolutionary foundation for heterogeneity in risk aversion," Journal of Economic Theory, Elsevier, vol. 208(C).
- Banerjee, Abhijit & Weibull, Jorgen W., 2000.
"Neutrally Stable Outcomes in Cheap-Talk Coordination Games,"
Games and Economic Behavior, Elsevier, vol. 32(1), pages 1-24, July.
- Abhijit Banerjee & Jörgen W. Weibull, "undated". "Neutrally Stable Outcomes in Cheap Talk Coordination Games," ELSE working papers 012, ESRC Centre on Economics Learning and Social Evolution.
- Robson, Arthur J., 1996. "A Biological Basis for Expected and Non-expected Utility," Journal of Economic Theory, Elsevier, vol. 68(2), pages 397-424, February.
- Cole, Harold L & Mailath, George J & Postlewaite, Andrew, 1992. "Social Norms, Savings Behavior, and Growth," Journal of Political Economy, University of Chicago Press, vol. 100(6), pages 1092-1125, December.
- Fuhito Kojima & Satoru Takahashi, 2007. "Anti-Coordination Games And Dynamic Stability," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 9(04), pages 667-688.
- Gary S. Becker & Kevin M. Murphy & Ivan Werning, 2005. "The Equilibrium Distribution of Income and the Market for Status," Journal of Political Economy, University of Chicago Press, vol. 113(2), pages 282-310, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Christian Hilbe & Maria Kleshnina & Kateřina Staňková, 2023. "Evolutionary Games and Applications: Fifty Years of ‘The Logic of Animal Conflict’," Dynamic Games and Applications, Springer, vol. 13(4), pages 1035-1048, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ed Hopkins, 2008.
"Inequality, happiness and relative concerns: What actually is their relationship?,"
The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 6(4), pages 351-372, December.
- Hopkins, Ed, 2008. "Inequality, Happiness and Relative Concerns: What Actually is their Relationship?," SIRE Discussion Papers 2008-01, Scottish Institute for Research in Economics (SIRE).
- Ed Hopkins, 2008. "Inequality, Happiness and Relative Concerns: What Actually is their Relationship?," Edinburgh School of Economics Discussion Paper Series 180, Edinburgh School of Economics, University of Edinburgh.
- Ed Hopkins, 2008. "Inequality, Happiness and Relative Concerns: What Actually is their Relationship?," Levine's Bibliography 122247000000001896, UCLA Department of Economics.
- Bilancini, Ennio & Boncinelli, Leonardo, 2012.
"Redistribution and the notion of social status,"
Journal of Public Economics, Elsevier, vol. 96(9-10), pages 651-657.
- Ennio Bilancini & Leonardo Boncinelli, 2008. "Redistribution and the Notion of Social Status," Center for Economic Research (RECent) 029, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
- 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.
- Gianni de Fraja, 2009. "The Origin of Utility: Sexual Selection and Conspicuous Consumption," Post-Print hal-00703547, HAL.
- Perez Truglia, Ricardo Nicolas, 2007. "Conspicuous consumption in the land of Prince Charming," MPRA Paper 22009, University Library of Munich, Germany, revised 22 Mar 2010.
- Hopkins, Ed, 2018.
"Inequality and risk-taking behaviour,"
Games and Economic Behavior, Elsevier, vol. 107(C), pages 316-328.
- Hopkins, Ed, 2011. "Inequality and Risk-Taking Behaviour," SIRE Discussion Papers 2011-29, Scottish Institute for Research in Economics (SIRE).
- Ed Hopkins, 2011. "Inequality and Risk-Taking Behaviour," Edinburgh School of Economics Discussion Paper Series 204, Edinburgh School of Economics, University of Edinburgh.
- Kerwin Kofi Charles & Erik Hurst & Nikolai Roussanov, 2009.
"Conspicuous Consumption and Race,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(2), pages 425-467.
- Kerwin Kofi Charles & Erik Hurst & Nikolai Roussanov, 2007. "Conspicuous Consumption and Race," NBER Working Papers 13392, National Bureau of Economic Research, Inc.
- Bilancini, Ennio & Boncinelli, Leonardo, 2019.
"Wage inequality, labor income taxes, and the notion of social status,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-35.
- Bilancini, Ennio & Boncinelli, Leonardo, 2018. "Wage inequality, labor income taxes, and the notion of social status," Economics Discussion Papers 2018-41, Kiel Institute for the World Economy (IfW Kiel).
- Oindrila Dey & Swapnendu Banerjee, 2022.
"Incentives, Status and Thereafter: A Critical Survey,"
South Asian Journal of Macroeconomics and Public Finance, , vol. 11(1), pages 95-115, June.
- Dey, Oindrila & Banerjee, Swapnendu, 2010. "Incentive, status and thereafter: A critical survey," MPRA Paper 57058, University Library of Munich, Germany.
- MatthewD. Rablen, 2008.
"Relativity, Rank and the Utility of Income,"
Economic Journal, Royal Economic Society, vol. 118(528), pages 801-821, April.
- Matthew D. Rablen, 2008. "Relativity, Rank and the Utility of Income," Economic Journal, Royal Economic Society, vol. 118(528), pages 801-821, April.
- Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2012.
"Social Decision Theory: Choosing within and between Groups,"
Review of Economic Studies, Oxford University Press, vol. 79(4), pages 1591-1636.
- Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2008. "Social Decision Theory: Choosing within and between Groups," Carlo Alberto Notebooks 71, Collegio Carlo Alberto.
- Friedman, Daniel & Ostrov, Daniel N., 2008. "Conspicuous consumption dynamics," Games and Economic Behavior, Elsevier, vol. 64(1), pages 121-145, September.
- Brown, Philip H. & Bulte, Erwin & Zhang, Xiaobo, 2011.
"Positional spending and status seeking in rural China,"
Journal of Development Economics, Elsevier, vol. 96(1), pages 139-149, September.
- Brown, Philip H. & Bulte, Erwin & Zhang, Xiaobo, 2010. "Positional spending and status seeking in rural China," IFPRI discussion papers 983, International Food Policy Research Institute (IFPRI).
- Benny Moldovanu & Aner Sela & Xianwen Shi, 2007.
"Contests for Status,"
Journal of Political Economy, University of Chicago Press, vol. 115, pages 338-363.
- Moldovanu, Benny & Sela, Aner & Shi, Xianwen, 2005. "Contests for Status," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 139, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Benny Moldovanu & Aner Sela & Xianwen Shi, 2006. "Contests For Status," Working Papers 0604, Ben-Gurion University of the Negev, Department of Economics.
- Dietmar Fehr & Yannick Reichlin, 2021. "Status, Control Beliefs, and Risk-Taking," CESifo Working Paper Series 9253, CESifo.
- Jellal, Mohamed, 2014. "Diaspora transferts et signal de richesse [Diaspora remittances and signaling wealth game]," MPRA Paper 57356, University Library of Munich, Germany.
- Hopkins, Ed & Kornienko, Tatiana, 2009.
"Status, affluence, and inequality: Rank-based comparisons in games of status,"
Games and Economic Behavior, Elsevier, vol. 67(2), pages 552-568, November.
- Ed Hopkins & Tatiana Kornienko, 2007. "Status, Affluence, and Inequality: Rank-Based Comparisons in Games of Status," Levine's Bibliography 122247000000001442, UCLA Department of Economics.
- Pradeep Dubey & John Geanakoplos, 2016.
"Money and Status: How Best to Incentivize Work,"
Department of Economics Working Papers
16-02, Stony Brook University, Department of Economics.
- Pradeep Dubey & John Geanakoplos, 2017. "Money and Status: How Best to Incentivize Work," Cowles Foundation Discussion Papers 1954R2, Cowles Foundation for Research in Economics, Yale University.
- Graham, Liam & Oswald, Andrew J., 2006.
"Hedonic Capital,"
The Warwick Economics Research Paper Series (TWERPS)
745, University of Warwick, Department of Economics.
- Graham, Liam & Oswald, Andrew J., 2006. "Hedonic Capital," IZA Discussion Papers 2079, Institute of Labor Economics (IZA).
- Graham, Liam & Oswald, Andrew J., 2006. "Hedonic Capital," Economic Research Papers 269638, University of Warwick - Department of Economics.
- Thomas Aronsson & Olof Johansson-Stenman, 2013.
"Veblen’s theory of the leisure class revisited: implications for optimal income taxation,"
Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(3), pages 551-578, September.
- Aronsson, Thomas & Johansson-Stenman, Olof, 2010. "Veblen’s Theory of the Leisure Class Revisited: Implications for Optimal Income Taxation," Umeå Economic Studies 812, Umeå University, Department of Economics.
- Aronsson, Thomas & Johansson-Stenman, Olof, 2010. "Veblen’s Theory of the Leisure Class Revisited: Implications for Optimal Income Taxation," Working Papers in Economics 466, University of Gothenburg, Department of Economics.
- Burkhard C. Schipper, 2021.
"The evolutionary stability of optimism, pessimism, and complete ignorance,"
Theory and Decision, Springer, vol. 90(3), pages 417-454, May.
- Schipper, Burkhard C., 2005. "The Evolutionary Stability of Optimism, Pessimism and Complete Ignorance," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 68, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Burkhard C. Schipper, 2019. "The Evolutionary Stability of Optimism, Pessimism, and Complete Ignorance," Working Papers 334, University of California, Davis, Department of Economics.
- Schipper, Burkhard C., 2005. "The Evolutionary Stability of Optimism, Pessimism and Complete Ignorance," Bonn Econ Discussion Papers 35/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
More about this item
Keywords
Relative consumption; Evolution of preferences; Anti-coordination; Risk-taking; Social status;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:dyngam:v:13:y:2023:i:4:d:10.1007_s13235-023-00537-4. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.