We develop an evolutionary approach to explain altruistic preferences. Given their preferences, individuals interact rationally with each other. By comparing the success of players with different preferences, we investigate whether evolution favors altruistic or selfish attitudes. The outcome depends on whether the individuals' interactions are strategic complements or substitutes. Altruism and self-interest are context dependent.
|Publication status||Published - 1994|
|Name||CentER Discussion Paper|
- Game Theory
- game theory