Abstract/Summary

The research presented here deals with the evolution of personality features of humans engaged in strategic interactions. The evolution of risk aversion and trustworthiness is modelled and simulated in the context of a binary trust game, seeking the origin and end-points of an evolutionary process, accounting for different degrees of locality. This research has employed computer simulations in order to get dynamic equilibria in populations of players that keep evolving. The locality or global nature of interaction plays an important role. Risk aversion evolves together with trust and trustworthiness. Trust behaviour follows reciprocation attributes. Results of the simulations are equal to the ones elicited in empirical studies.