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Population Games

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Author Info
Lawrence Blume (Cornell University and the Santa Fe Institute)

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Abstract

Population games are stochastic processes which explicitly model Nash's (1950) mass action interpretation of Nash equilibrium. The mass action interpretation envisions a population of players for each position in the game, and that players are randomly matched for play. The hope is that the long-run behavior of the processes can be described by a Nash equilibrium. Recent analyses of these population processes finds that sometimes this hope is realized, and sometimes not. Moreover, when it is realized, some Nash equilibria are favored over others. This paper surveys the new literature on poulation games, and discusses the application of population game techniques to strategic situations other than $N$-player random-matching population games.

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Publisher Info
Paper provided by EconWPA in its series Game Theory and Information with number 9607001.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 33 pages
Date of creation: 06 Jul 1996
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Handle: RePEc:wpa:wuwpga:9607001

Note: Type of Document - Postscript File; prepared on a Sun, TeX 3.1415; to print on Postscript; pages: 33 + ii; figures: included.
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Related research
Keywords: game theory; evolution; Nash equilibrium;

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Find related papers by JEL classification:
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
D8 - Microeconomics - - Information, Knowledge, and Uncertainty

References listed on IDEAS
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  1. Young H. P., 1993. "An Evolutionary Model of Bargaining," Journal of Economic Theory, Elsevier, vol. 59(1), pages 145-168, February. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Berninghaus, Siegfried K. & Haller, Hans & Outkin, Alexander, 2005. "Neural Networks and Contagion," Sonderforschungsbereich 504 Publications 05-35, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
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  3. Jean Louis Dessalles & Denis Phan, 2005. "Emergence in multi-agent systems:Cognitive hierarchy, detection, and complexity reduction," Computing in Economics and Finance 2005 257, Society for Computational Economics. [Downloadable!]
  4. Michihiro Kandori & Roberto Serrano & Oscar Volij, 2005. "Decentralized Trade, Random Utility And The Evolution Of Social Welfare," Economics Working Papers we056433, Universidad Carlos III, Departamento de Economía. [Downloadable!]
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  5. Durieu, Jacques & Haller, Hans & Solal, Philippe, 2005. "Interaction on Hypergraphs," Sonderforschungsbereich 504 Publications 05-34, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim. [Downloadable!]
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  9. Stephen Morris & Takashi Ui, 2003. "Generalized Potentials and Robust Sets of Equilibria," Levine's Bibliography 506439000000000325, UCLA Department of Economics. [Downloadable!]
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  10. Steven N. Durlauf, 1996. "Statistical Mechanics Approaches to Socioeconomic Behavior," NBER Technical Working Papers 0203, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  11. Arrow, Kenneth J, 1998. "What Has Economics to Say about Racial Discrimination?," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 91-100, Spring. [Downloadable!] (restricted)
  12. Dave Colander, 2008. "Complexity, Pedagogy and the Economics of Muddling Through," Middlebury College Working Paper Series 0805, Middlebury College, Department of Economics. [Downloadable!]
  13. Josef Hofbauer & William H. Sandholm, 2001. "Evolution and Learning in Games with Randomly Disturbed Payoffs," Vienna Economics Papers 0205, University of Vienna, Department of Economics. [Downloadable!]
  14. Jacques Durieu & Hans Haller & Philippe Solal, 2004. "Nonspecific Networking," Game Theory and Information 0403005, EconWPA. [Downloadable!]
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  16. smorris & Takashi Ui, 2004. "Generalized Potentials and Robust Sets of Equilibria," Econometric Society 2004 North American Winter Meetings 45, Econometric Society. [Downloadable!]
  17. Romans Pancs & Nicolaas J. Vriend, . "Schelling's Spatial Proximity Model of Segregation Revisited," Modeling, Computing, and Mastering Complexity 2003 15, Society for Computational Economics. [Downloadable!]
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