On the evolution of hoarding, risk-taking, and wealth distribution in nonhuman and human populationsProceedings of the National Academy of Sciences (2014)
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.
- evolutionary bet hedging | storage | gambling | geometric mean | squirrel’s dilemma
Citation InformationTed C Bergstrom. "On the evolution of hoarding, risk-taking, and wealth distribution in nonhuman and human populations" Proceedings of the National Academy of Sciences (2014)
Available at: http://works.bepress.com/ted_bergstrom/123/