Jacobsen, Hans Jørgen; Jensen, Mogens; Sloth, Birgitte - Økonomisk Institut, Københavns Universitet - 1999
We study equilibrium selection by evolutionary learning in monotone signalling games. The learning process is a … equilibria. If the game has separating equilibria, then in the long run only play according to a specific separating equilibrium …, the so-called Riley equilibrium, will be observed frequently. Also if the game has no separating equilibrium a particular …