Showing 1 - 10 of 144
Persistent link: https://www.econbiz.de/10001605396
Persistent link: https://www.econbiz.de/10001605409
Persistent link: https://www.econbiz.de/10001605387
Persistent link: https://www.econbiz.de/10001697728
Persistent link: https://www.econbiz.de/10001929669
Persistent link: https://www.econbiz.de/10001929675
We prove that any regular ESS is asymptotically stable under any impartial pairwise comparison dynamic, including the Smith dynamic; under any separable excess payoff dynamic, including the BNN dynamic; and under the best response dynamic. Combined with existing results for imitative dynamics, our...
Persistent link: https://www.econbiz.de/10011698625
A population of agents recurrently plays a two-strategy population game. When an agent receives a revision opportunity, he chooses a new strategy using a noisy best response rule that satisfies mild regularity conditions; best response with mutations, logit choice, and probit choice are all...
Persistent link: https://www.econbiz.de/10011698632
We introduce a class of evolutionary game dynamics - pairwise comparison dynamics - under which revising agents choose a candidate strategy at random, switching to it with positive probability if and only if its payoff is higher than the agent's current strategy. We prove that all such dynamics...
Persistent link: https://www.econbiz.de/10010369355
We study population game dynamics under which each revising agent tests each of his strategies a fixed number of times, with each play of each strategy being against a newly drawn opponent, and chooses the strategy whose total payoff was highest. In the Centipede game, these best experienced...
Persistent link: https://www.econbiz.de/10012215335