Brito, Paulo; Datta, Bipasa; Dixon, Huw - Department of Economics and Related Studies, University … - 2011
the global dynamics of the model with three CVs under the replicator equation. We find that the end points of the … evolutionary dynamics include the pure-strategy consistent CVs. However, there are also mixed-strategy equilibria that occur. These …-strategy equilibria, the mixed-strategy equilibria are not ESS: under the replicator dynamics, there are three or four mixed equilibria …