The Effect of Life Expectancy on Risk Aversion

Abstract

In this paper we investigate the effect of life expectancy on risk attitude in an artificial multi-agent world, which is a variant of the sugarscape [2]. Our basic approach is evolutionary in that we encode risk attitude as a gene within the agents that undergoes variation and selection and perform simulations to see the evolved (i.e., presumed optimal… (More)

Topics

4 Figures and Tables

Slides referencing similar topics