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Multi-level evolution in population games

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Author Info

  • José Canals

    (Dept. of Economics, University of Virginia, USA)

  • Fernando Vega-Redondo

    (Facultad de Económicas and Instituto Valenciano de Investigaciones Económicas, Universidad de Alicante, 03071 Alicante, Spain)

Abstract

In this paper, we analyze a generalization of the evolutionary model of Kandori, Mailath, & Rob (1993) where the population is partitioned into groups and evolution takes place "in parallel" at the following two levels: (i) within groups, at the lower level; among groups, at the higher one. Unlike in their context, efficiency considerations always overcome those of risk-dominance in the process of selecting the long-run equilibrium. This provides an explicitly dynamic basis for a conclusion reminiscent of those put forward in the biological literature by the so-called theories group selection. From a normative viewpoint, it suggests the potential importance of "decentralization", here understood as local and independent interaction.

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Bibliographic Info

Article provided by Springer in its journal International Journal of Game Theory.

Volume (Year): 27 (1998)
Issue (Month): 1 ()
Pages: 21-35

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Handle: RePEc:spr:jogath:v:27:y:1998:i:1:p:21-35

Note: Received April 1995/Revised version October 1996
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Related research

Keywords: Evolution · games · multilevel · group selection;

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Cited by:
  1. Kevin Hasker, 2004. "The Emergent Seed : Simplifying the Analysis of Dynamic Evolution," Departmental Working Papers 0406, Bilkent University, Department of Economics.
  2. Salomonsson, Marcus, 2009. "Group Selection: The quest for social preferences," Working Paper Series in Economics and Finance 712, Stockholm School of Economics.
  3. Rajiv Sethi & E. Somanathan, 1999. "Preference Evolution and Reciprocity," Game Theory and Information 9903001, EconWPA, revised 12 Mar 1999.
  4. Luciano Andreozzi, 2005. "Hayek Reads the Literature on the Emergence of Norms," Constitutional Political Economy, Springer, vol. 16(3), pages 227-247, 09.
  5. Oechssler, Jorg, 1997. "Decentralization and the coordination problem," Journal of Economic Behavior & Organization, Elsevier, vol. 32(1), pages 119-135, January.
  6. Neary, Philip R., 2012. "Competing conventions," Games and Economic Behavior, Elsevier, vol. 76(1), pages 301-328.

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