Survival of dominated strategies under evolutionary dynamics
Abstract
We prove that any deterministic evolutionary dynamic satisfying four mild requirements fails to eliminate strictly dominated strategies in some games. We also show that existing elimination results for evolutionary dynamics are not robust to small changes in the specifications of the dynamics. Numerical analysis reveals that dominated strategies can persist at nontrivial frequencies even when the level of domination is not small.Download Info
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Article provided by Econometric Society in its journal Theoretical Economics.
Volume (Year): 6 (2011)
Issue (Month): 3 (September)
Pages:
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Web page: http://econtheory.org
Related research
Keywords: Evolutionary game theory; evolutionary game dynamics; nonconvergnece; dominated strategies;Find related papers by JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
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Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- Survival of Dominated Strategies Under Evolutionary Dynamics, J. Hofbauer & W. Sandholm (2011)
by afinetheorem in A Fine Theorem on 2012-09-06 06:00:48 - Survival of Dominated Strategies Under Evolutionary Dynamics, J. Hofbauer & W. Sandholm (2011)
by afinetheorem in A Fine Theorem on 2012-09-06 06:00:48
Cited by:
- Itai Arieli & H Peyton Young, 2011. "Fast Convergence in Population Games," Economics Series Working Papers 570, University of Oxford, Department of Economics.
- Yannick Viossat, 2012. "Game Dynamics and Nash Equilibria," Working Papers hal-00756096, HAL.
- Segismundo S. Izquierdo & Luis R. Izquierdo, 2011. "Strictly Dominated Strategies in the Replicator-Mutator Dynamics," Games, MDPI, Open Access Journal, vol. 2(3), pages 355-364, September.
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