On the evolution of hoarding, risk-taking, and wealth distribution in nonhuman and human populations

Ted Bergstrom ()

University of California at Santa Barbara, Recent Works in Economics from Department of Economics, UC Santa Barbara

Abstract: This paper applies the theory of the evolution of risk-taking in the presence of idiosyncratic and environmental risks to the example of food hoarding by animals and explores implications of the resulting theory for human attitudes toward risk.

Keywords: Adaptation; Physiological; Algorithms; Animals; Biological Evolution; Ecosystem; Hoarding; Humans; Models; Biological; Models; Psychological; Risk-Taking; Selection; Genetic; evolutionary bet hedging; storage; gambling; geometric mean; squirrel's dilemma (search for similar items in EconPapers)
Date: 2014-07-22
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Citations: View citations in EconPapers (5)

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