Take Action

Home | Faculty & Research Overview | Research

Research Details

Information, Evolution and Utility, Theoretical Economics

Abstract

Human utility embodies a number of seemingly irrational aspects. The leading example in this paper is that utilities often depend on the presence of salient unchosen alternatives. Our focus is to understand why an evolutionary process might optimally lead to such seemingly dysfunctional features in our motivations and to derive implications for the nature of our utility functions.

Type

Article

Author(s)

Jeroen Swinkels, Larry Samuelson

Date Published

2006

Citations

Swinkels, Jeroen, and Larry Samuelson. 2006. Information, Evolution and Utility. Theoretical Economics. 1(1): 47-92.

KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more

Take Action