Evolutionary Selection in Normal Form Games
This paper investigates stability properties of evolutionary selection dynamics in normal-form games. The analysis is focused on deterministic dynamics in continuous time and on asymptotic stability of sets of population states, more precisely of faces of the mixed-strategy space. The main result is a characterization of those faces that are asymptotically stable in all dynamics from a certain class, and the authors show that every such face contains an essential component of the set of Nash equilibria and, hence, a strategically stable set in the sense of E. Kohlberg and J. F. Mertens (1986). Copyright 1995 by The Econometric Society.
(This abstract was borrowed from another version of this item.)
|Date of creation:||Jun 1993|
|Contact details of provider:|| Postal: Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden|
Phone: +46 8 665 4500
Fax: +46 8 665 4599
Web page: http://www.ifn.se/
More information through EDIRC
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.:
- Tan, Tommy Chin-Chiu & da Costa Werlang, Sergio Ribeiro, 1988.
"The Bayesian foundations of solution concepts of games,"
Journal of Economic Theory,
Elsevier, vol. 45(2), pages 370-391, August.
- Werlang, Sérgio Ribeiro da Costa & Chin-Chiu Tan, Tommy, 1987. "The Bayesian Foundations of solution concepts of games," FGV/EPGE Economics Working Papers (Ensaios Economicos da EPGE) 111, FGV/EPGE - Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil).
- Samuelson, Larry & Zhang, Jianbo, 1992. "Evolutionary stability in asymmetric games," Journal of Economic Theory, Elsevier, vol. 57(2), pages 363-391, August.
- Nachbar, J H, 1990. ""Evolutionary" Selection Dynamics in Games: Convergence and Limit Properties," International Journal of Game Theory, Springer;Game Theory Society, vol. 19(1), pages 59-89. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:hhs:iuiwop:0383. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elisabeth Gustafsson)
If references are entirely missing, you can add them using this form.