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Preference dynamics in adaptive networks [Preference dynamics in adaptive networks]

Many strategic and economic situations are characterized by participant preferences that take into account the well-being of others. These preferences also guide humans in their choices with whom to participate in economical or social activities. Little attention has been given to how this group formation shapes these preferences and, vice versa, how these preferences shape the network of strategic interactions. Using methods of experimental economics and computational modeling we here will examine the interplay between these two dynamics in multiplayer games in order to provide supported answers to the origin and evolution of other regarding preferences. [Many strategic and economic situations are characterized by participant preferences that take into account the well-being of others. These preferences also guide humans in their choices with whom to participate in economical or social activities. Little attention has been given to how this group formation shapes these preferences and, vice versa, how these preferences shape the network of strategic interactions. Using methods of experimental economics and computational modeling we here will examine the interplay between these two dynamics in multiplayer games in order to provide supported answers to the origin and evolution of other regarding preferences. ]



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preference dynamics