Can Computers Have Sentiments? The Case of Risk Aversion and Utility for Wealth

  • George G. Szpiro
Part of the Lecture Notes in Computer Science book series (LNCS, volume 1674)


Genetic algorithms display at least one characteristic that is typical of the economic behavior of human decision-makers. I show that if a choice problem involves uncertainty, genetic algorithms may produce results that are consistent with an aversion to risk.


Genetic Algorithm Utility Function Risk Aversion Relative Risk Aversion Cash Holding 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 1999

Authors and Affiliations

  • George G. Szpiro
    • 1
  1. 1.Israeli Center for Academic Studies (affiliated with the University of Manchester)Kiriat OnoIsrael

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