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Using an explicit representation in terms of the logit map we show, in a unilateral framework, that the time average of the replicator dynamics is a perturbed solution of the best reply dynamics.
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Using an explicit representation in terms of the logit map we show, in a unilateral framework, that the time average of the replicator dynamics is a perturbed solution of the best reply dynamics.
Persistent link: https://www.econbiz.de/10008793161
L'approche en termes de systèmes dynamiques de l'approximation stochastique est étendue au cas ou l'équation différentielle moyenne est remplacée par une inclusion différentielle. Le théorème de Benaim et Hirsch sur l'ensemble limite est étendu a ce cas. On étudie en détail les...
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Nous appliquons les résultats théoriques sur l'approximation stochastique et les inclusions differentielles développés dans Benaïm Hofbauer and Sorin (2003) à différentes procédures adapatatives utilisées en théorie des jeux en particulier: approchabilité classique et généralisées,...
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We consider the framework of repeated two-person zero-sum games with lack of information on one side. We compare the equilibrium payoffs of the informed player in two cases: where he is facing either a) a single long-lived uninformed player, or b) a sequence of short-lived uninformed players. We...
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We introduce the concept of -consistent equilibrium where each player plays a -best response after every history reached with positive probability. In particular, an -consistent equilibrium induces an -equilibrium in any subgame reached along the play path. The existence of -consistent...
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