An evolutionary game theoretic model of Cournot competition is investigated. Individuals choose from a finite set of different behavioural rules. Each rule specifies the quantity to be produced in the current period as a function of past quantities. Using more sophisticated rules may require...

Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory experiments. Simulations can show the dynamics of aggregate behavior, but the results of such simulations depend on the...

We study participation games with negative feedback, i.e. games where players choose either to participate in a certain project or not and where the payoff for participating decreases in the number of participating players. We use the replicator dynamics to model the competition between...