Adaptive Dynamics with Payoff Heterogeneity.

A finite population of agents playing a 2 x 2 summetric game evolves vy adaptive best response. The assumption that players make mistakes is dropped in favour of one where players differ, via payoff heterogeneity.

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Year of publication:	1997
Authors:	Myatt, D-P ; Wallace, C
Institutions:	Economics Group, Nuffield College, University of Oxford
Subject:	ECONOMETRICS

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Series:	Economics Papers.
Type of publication:	Book / Working Paper
Notes:	42 pages
Classification:	C7 - Game Theory and Bargaining Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005812260