Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/150076 
Year of Publication: 
2006
Citation: 
[Journal:] Theoretical Economics [ISSN:] 1555-7561 [Volume:] 1 [Issue:] 1 [Publisher:] The Econometric Society [Place:] New York, NY [Year:] 2006 [Pages:] 119-142
Publisher: 
The Econometric Society, New York, NY
Abstract: 
Human utility embodies a number of seemingly irrational aspects. The leading example in this paper is that utilities often depend on the presence of salient unchosen alternatives. Our focus is to understand <i>why</i> an evolutionary process might optimally lead to such seemingly dysfunctional features in our motivations and to derive implications for the nature of our utility functions.
Subjects: 
Evolution
information
internal conflict
self control
temptation
time consistency
utility
JEL: 
C70
C72
D80
D82
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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