I show that aggregate-taking behavior is often evolutionarily stable for finite populations in symmetric games in which payoff depends only on own strategy and an aggregate. I provide economic examples exhibiting this phenomenon.
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Paper provided by University of Dortmund, Department of Economics in its series Discussion Papers in Economics with number
01_10.
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Birgitte Sloth & Hans Jørgen Whitta-Jacobsen, 2006.
"Economic Darwinism,"
CIE Discussion Papers
2006-01, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
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