Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26814
Year of Publication: 
2008
Series/Report no.: 
Ruhr Economic Papers No. 49
Publisher: 
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Essen
Abstract: 
We define an indirect evolutionary approach formally and apply it to (Tullock)contests. While it is known (Leininger, 2003) that the direct evolutionary approach in the form of finite population ESS (Schaffer, 1988) yields more aggressive behavior than in Nash equilibrium, it is now shown that the indirect evolutionary approach yields the same more aggressive behavior, too. This holds for any population size N, if evolution of preferences is determined by behavior in two-player contests. The evolutionarily stable preferences (ESP) of the indirect approach turn out to be negatively interdependent, thereby rationalizing the more aggressive behavior.
JEL: 
C79
D72
ISBN: 
978-3-86788-052-7
Document Type: 
Working Paper

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