2 papers
q-bio.PE2023
Noise-induced stochastic Nash equilibrium
Cong Li, Tianjiao Feng, Xiudeng Zheng +2
In order to better understand the impact of environmental stochastic fluctuations on the evolution of animal behavior, we introduce the concept of a stochastic Nash equilibrium (SN…
econ.TH2022
Evolutionary rationality of risk preference
Songjia Fan, Yi Tao, Cong Li
Selection shapes all kinds of behaviors, including how we make decisions under uncertainty. The risk attitude reflected from it should be simple, flexible, yet consistent. In this…