Search Results - subject:"Stochastic replicator dynamics"

Metastability in stochastic replicator dynamics

Avrachenkov, Konstantin; Borkar, Vivek S. - In: Dynamic games and applications : DGA 9 (2019) 2, pp. 366-390

Persistent link: https://www.econbiz.de/10012225431

A new stationary game equilibrium induced by stochastic group evolution and rational Individual choice

Dai, Darong; Shen, Kunrong - Volkswirtschaftliche Fakultät, … - 2012

In the present paper, a new approach to equilibrium selection for very general normal form games has been constructed by introducing stochastic optimal stopping theory into classical evolutionary game theory. That is, the new game equilibrium is induced by both stochastic group evolution and...

Persistent link: https://www.econbiz.de/10011107798

A New Stationary Game Equilibrium Induced by Stochastic Group Evolution and Rational Individual Choice

Dai, Darong; Shen, Kunrong - Volkswirtschaftliche Fakultät, … - 2012

Persistent link: https://www.econbiz.de/10011108983

On the existence and stability of Pareto optimal endogenous matching with fairness

Dai, Darong - Volkswirtschaftliche Fakultät, … - 2012

employing the stochastic replicator dynamics driven by Lévy process. A new game equilibrium, i.e., the game equilibrium of a …

Persistent link: https://www.econbiz.de/10011110371

Learning Nash Equilibria

Dai, Darong - Volkswirtschaftliche Fakultät, … - 2012

replicator dynamics developed by Fudenberg and Harris (1992). It is demonstrated that the Nash equilibrium will be the robust …In the paper, we re-investigate the long run behavior of an adaptive learning process driven by the stochastic …

Persistent link: https://www.econbiz.de/10011259695