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HOUSE_OVERSIGHT_011158

House Oversight Committee
insert_drive_file IMAGES-001-HOUSE_OVERSIGHT_011158.txt description DOCUMENT text_fields 105 words · 0.6k chars

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Figure 3: Why the MRS in fitness equals that in preferences at evolutionary equilibrium Fitness and utility each depend on consumption of commodities «‘!) and «?) If the MRS in fitness did not equal that in preferences, then the isograms of the fitness function F would cross those of the utility function U, as shown in the figure. There would then exist consumption bundles, X and Y, such that X is preferred to Y although Y confers the higher fitness. This preference ordering cannot be evolutionarily stable because a mutation that reversed the preference between X and Y would be favored by selection.

HOUSE_OVERSIGHT_011158