IDEAS home Printed from https://ideas.repec.org/p/mik/wpaper/04_05.html

Equilibrium Selection in Supermodular Games with Mean Payoff Technologies

Author

Listed:
  • Burkhard Hehenkamp
  • Oddvar Kaarbøe

Abstract

We examine an evolutionary model of equilibrium selection, where all individuals interact w ith each other, recurrently playing a strictly supermodular game. Individuals play (myopic)\best responses to the current population profile, occasionally they pick an arbitrary strategy at random. To address the robustness of equilibrium selection in this simultaneous play senario, we investigate whether different best-response approximations can lead to different long run equilibria.

Suggested Citation

  • Burkhard Hehenkamp & Oddvar Kaarbøe, 2004. "Equilibrium Selection in Supermodular Games with Mean Payoff Technologies," Discussion Papers in Economics 04_05, University of Dortmund, Department of Economics.
    • Handle: RePEc:mik:wpaper:04_05
    as

    Download full text from publisher

    File URL: http://www.wiso.uni-dortmund.de/mik/de/content/forschung/DPSeries/PDF/04-05.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mik:wpaper:04_05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eva Borchard The email address of this maintainer does not seem to be valid anymore. Please ask Eva Borchard to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/wsdorde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.