Search Results - subject:"Replicator dynamics"

Disease and Behavioral Dynamics for Brucellosis Control in Elk and Cattle in the Greater Yellowstone Area

Xie, Fang; Horan, Richard D. - International Association of Agricultural Economists - IAAE - 2009

This paper investigates private responses and ecological impacts of policies proposed to confront the problem of brucellosis being spread from elk to cattle in Wyoming. The policies consist of combinations of changes in elk feeding and population levels. Farmers’ responses to these dynamics...

Persistent link: https://www.econbiz.de/10010913548

Jointly-Determined Livestock Disease Dynamics and Decentralized Economic Behavior

Gramig, Benjamin M.; Horan, Richard D. - Agricultural and Applied Economics Association - AAEA - 2009

We develop a dynamic model of livestock disease and decentralized economic behavior as a jointly-determined system. By accounting for feedbacks between behavioral choices and disease outcomes we capture the endogenous nature of infection risks. We consider government mandated testing of...

Persistent link: https://www.econbiz.de/10005000509

Disease and Behavioral Dynamics for Brucellosis Control in Elk and Cattle in the Greater Yellowstone Area

Xie, Fang; Horan, Richard D. - In: Journal of Agricultural and Resource Economics 34 (2009) 1

Persistent link: https://www.econbiz.de/10005103147

Evolutionary Dynamics of the Market Equilibrium with Division of Labor∗

Zhou, Haiou - Department of Econometrics and Business Statistics, … - 2009

evolutionary stability and can be realized by the outcome of evolutionary processes, such as Replicator Dynamics. Mutation is … evolutionary processes, such as Replicator Dynamics. Mutation is important in the realization of division of labor since it … Classification: C73; D23; D40; D51 Keywords: division of labor, evolutionarily stable strategy, replicator dynamics, mutation …

Persistent link: https://www.econbiz.de/10005064087

Evolutionary Game Theory and Economics. Part 1. Optimality Principles and Models of Behavior Dynamics

Vasin, A. - In: Journal of the New Economic Association (2009) 3-4, pp. 10-27

The paper discusses basic concepts of the evolutionary game theory and provides a survey of the most important applications to modeling of economic behavior. We expound the foundation for application of the Nash equilibrium concept to agents with bounded rationality and incomplete information....

Persistent link: https://www.econbiz.de/10008597028

Time Average Replicator and Best Reply Dynamics

Hofbauer, Josef; Sorin, Sylvain; Viossat, Yannick - HAL - 2009

the replicator dynamics is a perturbed solution of the best reply dynamics. …

Persistent link: https://www.econbiz.de/10008793161

Evolutionary dynamics and dominated strategies

Viossat, Yannick - Université Paris-Dauphine (Paris IX) - 2015

Do evolutionary processes lead economic or biological agents to behave as if they were rational? To test this idea, many authors examined whether evolutionary game dynamics eliminate strictly dominated strategies. We survey, unify, and fill some gaps in this literature in the case of monotonic...

Persistent link: https://www.econbiz.de/10011246083

Evolutionary Games and Local Dynamics

Uyttendaele, Philippe; Thuijsman, Frank - In: International Game Theory Review (IGTR) 17 (2015) 02, pp. 1540016-1

In this paper, we examine several options for modeling local interactions within the framework of evolutionary game theory. Several examples show that there is a major difference between population dynamics using local dynamics versus global dynamics. Moreover, different modeling choices may...

Persistent link: https://www.econbiz.de/10011279160

The evolution of cooperation with punishment and second chance

Solferino, Nazaria; Taurino, Serena F. - In: Homo oeconomicus 32 (2015) 3/4, pp. 387-400

Persistent link: https://www.econbiz.de/10011481760

Evolution of reciprocity in asymmetric international environmental negotiations

Ochea, Marius I.; Zeeuw, Aart de - In: Environmental & resource economics : the official … 62 (2015) 4, pp. 837-854

Persistent link: https://www.econbiz.de/10011488262