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Storage for Good Times and Bad: Of Rats and Men
Ted Bergstrom ()
No 1997A, University of California at Santa Barbara, Economics Working Paper Series from Department of Economics, UC Santa Barbara
Abstract:
How do rats and squirrels decide how much to hoard for the winter when they do not know how long the winter will be? This paper argues that natural selection is likely to result in random differences in the attitudes toward systemic risk by genetically identical individuals.
Keywords: evolution of preferences ; attitudes toward risk ; food-hoarding ; genetics ; random phenotype (search for similar items in EconPapers)
Date: 1997-12-01
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Persistent link: http://EconPapers.repec.org/RePEc:cdl:ucsbec:1997a
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