Article ID: | iaor20013497 |
Country: | Germany |
Volume: | 29 |
Issue: | 2 |
Start Page Number: | 147 |
End Page Number: | 163 |
Publication Date: | Jan 2000 |
Journal: | International Journal of Game Theory |
Authors: | Stennek J. |
I study the evolution of rationality, using an indirect evolutionary approach, in which nature selects a decision-making procedure, and the procedure chooses actions in matching-games. The main result is that in order for (knowledge of) rationality to survive, it is necessary and sufficient that the rational procedure respects the attraction principle. That is, when a rational agent eliminates a strictly dominated action