Imitation dynamics with spatial poisson-distributed review and mutation rates

Using spatial Poisson processes, we re-interpret the Imitation Dynamics and show how the spatial clustering of players affects both the selection of strategies and the speed by which they replicate. We find that the more clustered are the players, (a) the faster the evolution of strategies and (b) if some players have inherent preferences for a strategy, the greater the probability of mutation into, and selection of, that preferred strategy.

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Year of publication:	2012
Authors:	Desierto, Desiree
Publisher:	Quezon City : University of the Philippines, School of Economics (UPSE)
Subject:	Lernen \| Kommunikation \| Stochastischer Prozess \| Evolutionäre Spieltheorie \| evolutionary games \| learning dynamics \| local interaction games \| spatial clustering

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Series:	UPSE Discussion Paper ; 2012-04
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	685595471 [GVK] hdl:10419/93560 [Handle]
Classification:	C73 - Stochastic and Dynamic Games
Source:	EconStor

Persistent link: https://www.econbiz.de/10010333540