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03-09-2021 | Original Paper

Evolutionary stability of preferences: altruism, selfishness, and envy

Journal:
Social Choice and Welfare
Authors:
Sung-Hoon Park, Jeong-Yoo Kim
Important notes
We are extremely grateful to Chad Settle, Boseon Byeon, the Editor Clemens Puppe and especially to an anonymous referee for helpful comments.

Publisher's Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Abstract

This paper examines evolutionary stability of preferences in games with strategic complements or substitutes following the indirect evolutionary approach. Preferences are classified into three types: altruism, selfishness, and envy. Depending on the nature of a game (one with strategic substitutes or complements), envy or altruism respectively is strictly dominated. Based on this, we show that an evolutionarily stable strategy (ESS) exists in which selfishness and envy survive together in games with strategic substitutes, whereas no ESS exists in which altruism and selfishness coexist in games with strategic complements.

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