Speaker series
Evolution and the Social Mind
Speaker Series
 
On Evolutionary Game Theory, Bargaining, and Experimental Economics
 
A Presentation by Professor Christopher Proulx
Deptartment of Economics, UCSB
January 29, 1999 at 12:30 - 2:00pm
Humanities and Social Sciences Building 2001A
 
 
Abstract
 
The notion of "equilibrium" underpins much of economic theory, yet economists have no generally agreed upon definition of equilibrium. Evolutionary game theory attempts to define equilibria as fixed points to some dynamic over actions that people can choose in strategic situations. Two examples of such dynamics applied to a simple bargaining game yield contradictory predictions.  Determining which dynamical systems are good models of human behavior is therefore an empirical matter, necessitating experimental data to further the development of the field.

Christopher Proulx is an Assistant Professor of Economics at UCSB. He is a recent graduate of the University of Michigan where he managed the Michigan Economics Laboratory. He has coauthored worked on bargaining experiments published in The International Journal of Game Theory and The Economic Journal.
 

 

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Speaker series
Evolution and the Social Mind
Speaker Series