Man, Priscilla T.Y. - In: Games and Economic Behavior 76 (2012) 1, pp. 272-284
Standard evolutionary game models select the risk-dominant equilibrium, even if it is not efficient. On the other hand, Robson [Robson, A.J., 1990. Efficiency in evolutionary games: Darwin, Nash and the secret handshake. J. Theoret. Biol. 144, 379–396] argues that genes can achieve efficient...
