An effective replicator equation for games with a continuous strategy set

The replicator equation for a two person symmetric game, which has an interval of the real line as strategy space, is extended with a mutation term. Assuming that the distribution of the strategies has a continuous density, a partial differential equation for this density is derived. The equation is analysed for two examples. A connection is made with Adaptive Dynamics.

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Year of publication:	2013-12-13
Authors:	Ruijgrok, Matthijs ; Ruijgrok, Theo

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Ruijgrok, Matthijs and Ruijgrok, Theo (2013): An effective replicator equation for games with a continuous strategy set.
Classification:	C72 - Noncooperative Games ; C73 - Stochastic and Dynamic Games
Source:	BASE

Persistent link: https://www.econbiz.de/10015240074