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Evolution and learning in games with randomly disturbed payoffs

Author

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  • Hofbauer,J.
  • Sandholm,W.H.

    (University of Wisconsin-Madison, Social Systems Research Institute)

Abstract

We consider four models of evolution and learning in games which rely on perturbations of payoffs, including stochastic fictitious play. In all cases, we establish global stability results for zerosum games, games with an interior ESS, potential games, and supermodular games.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Hofbauer,J. & Sandholm,W.H., 2001. "Evolution and learning in games with randomly disturbed payoffs," Working papers 5, Wisconsin Madison - Social Systems.
  • Handle: RePEc:att:wimass:20015
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. N. Williams, 2002. "Stability and Long Run Equilibrium in Stochastic Fictitious Play," Princeton Economic Theory Working Papers cbeeeb49cc8afc83f125df5a8, David K. Levine.
    2. Mattsson, Lars-Goran & Weibull, Jorgen W., 2002. "Probabilistic choice and procedurally bounded rationality," Games and Economic Behavior, Elsevier, vol. 41(1), pages 61-78, October.
    3. Ely,J.C. & Sandholm,W.H., 2000. "Evolution with diverse preferences," Working papers 5, Wisconsin Madison - Social Systems.
    4. William H. Sandholm, 2005. "Negative Externalities and Evolutionary Implementation," Review of Economic Studies, Oxford University Press, vol. 72(3), pages 885-915.
    5. Sandholm, William H., 2007. "Pigouvian pricing and stochastic evolutionary implementation," Journal of Economic Theory, Elsevier, vol. 132(1), pages 367-382, January.

    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other

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