On economic applications of evolutionary game theory

Evolutionary games have considerable unrealized potential for modeling substantive economic issues. They promise richer predictions than orthodox game models but often require more extensive specifications. This paper exposits the specification of evolutionary game models and classifies the possible asymptotic behavior for one and two dimensional models.

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Year of publication:	1998-03-26
Authors:	Friedman, Daniel
Published in:	Journal of Evolutionary Economics. - Springer. - Vol. 8.1998, 1, p. 15-43
Publisher:	Springer
Subject:	Evolutionary games \| Adjustment dynamics \| ESS \| Evolutionary equilibrium

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Extent:	application/pdf application/postscript
Type of publication:	Article
Classification:	B25 - Historical; Institutional; Evolutionary; Austrian ; C62 - Existence and Stability Conditions of Equilibrium ; C72 - Noncooperative Games ; C73 - Stochastic and Dynamic Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005396190