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Author Info
Itzhak Gilboa
Dov Samet

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Abstract

This paper suggests a general framework to deal with learning, dynamics and evolution in games and economic environments. In this general set-up we define a (set-valued) solution concept and prove some properties, including existence. We then discuss more specific dynamical processes and show that the general solution concept provides quite intuitive results for various contexts.

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File URL: http://www.kellogg.northwestern.edu/research/math/papers/935.pdf
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Publisher Info
Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 935.

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Date of creation: Apr 1991
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Handle: RePEc:nwu:cmsems:935

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Postal: Center for Mathematical Studies in Economics and Management Science, Northwestern University, 580 Jacobs Center, 2001 Sheridan Road, Evanston, IL 60208-2014
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Web page: http://www.kellogg.northwestern.edu/research/math/
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References listed on IDEAS
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  1. Ehud Kalai & Ehud Lehrer, 1991. "Private-Beliefs Equilibrium," Discussion Papers 926, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    Other versions:
  2. Itzhak Gilboa & David Schmeidler, 1989. "Infinite Histories and Steady Orbits in Repeated Games," Discussion Papers 846, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    Other versions:
  3. Canning, D., 1990. "Social Equilibrium," Papers 150, Cambridge - Risk, Information & Quantity Signals.
  4. Akihiko Matsui, 1989. "Cheap Talk and Cooperation in the Society," Discussion Papers 848, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  5. Itzhak Gilboa & Akihiko Matsui, 1990. "A Model of Random Matching," Discussion Papers 887, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  6. Boylan, Richard., 1990. "Equilibria Resistant to Mutation," Working Papers 729, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  7. Gilboa, Itzhak & Matsui, Akihiko, 1991. "Social Stability and Equilibrium," Econometrica, Econometric Society, vol. 59(3), pages 859-67, May. [Downloadable!] (restricted)
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This page was last updated on 2008-9-21.

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