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A Stochastic Model of the Co-evolution of Networks and Strategies

Author

Listed:
  • Siegfried K. Berninghaus

    (Universitaet Karlsruhe)

  • Bodo Vogt

Abstract

We consider a theoretical model of co-evolution of networks and strategies whose components are exclusively supported by experimental observations. We can show that a particular kind of sophisticated behavior (anticipatory better reply) will result in stable population states which are most frequently visited in co-evolution experiments.

Suggested Citation

  • Siegfried K. Berninghaus & Bodo Vogt, 2009. "A Stochastic Model of the Co-evolution of Networks and Strategies," Rationality, Markets and Morals, Frankfurt School Verlag, Frankfurt School of Finance & Management, vol. 0(15), November.
    • Handle: RePEc:rmm:journl:v:0:y:2009:i:15
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    References listed on IDEAS

    as
    1. Berninghaus, Siegfried & Ehrhart, Karl-Martin & Ott, Marion, 2008. "Myopically forward-looking agents in a network formation game : theory and experimental evidence," Papers 08-02, Sonderforschungsbreich 504.
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