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Heifetz, Aviad
Shannon, Chris
Spiegel, Yossi
Year of Publication: 
Series/Report no.: 
Discussion paper // Center for Mathematical Studies in Economics and Management Science 1415
This paper develops a general methodology for characterizing the dynamic evolution of preferences in a wide class of strategic interactions. We give simple conditions characterizing the limiting distribution of preferences in general games, and apply our results to study the evolutionary emergence of overconfidence and interdependent preferences. We also show that this methodology can be adapted to cases where preferences are only imperfectly observed.
Document Type: 
Working Paper

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