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The nature of the mutation process matters

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  • T. DEMUYNCK

    ()

  • A. SCHOLLAERT

    ()

Abstract

The incorporation of small mutation rates has significantly improved the predictive capacity of evolutionary models. Bergin and Lipman [1996], however, demonstrate that this improvement depends entirely on the nature of the mutation process. We provide a constructive corroboration of their result: we derive matching mutation rates for each desired set of stochastic stable states.

Suggested Citation

  • T. Demuynck & A. Schollaert, 2006. "The nature of the mutation process matters," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/361, Ghent University, Faculty of Economics and Business Administration.
  • Handle: RePEc:rug:rugwps:06/361
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    File URL: http://wps-feb.ugent.be/Papers/wp_06_361.pdf
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    References listed on IDEAS

    as
    1. Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January.
    2. Blume, Lawrence E., 2003. "How noise matters," Games and Economic Behavior, Elsevier, vol. 44(2), pages 251-271, August.
    3. Kandori, Michihiro & Mailath, George J & Rob, Rafael, 1993. "Learning, Mutation, and Long Run Equilibria in Games," Econometrica, Econometric Society, vol. 61(1), pages 29-56, January.
    4. Bergin, James & Lipman, Barton L, 1996. "Evolution with State-Dependent Mutations," Econometrica, Econometric Society, vol. 64(4), pages 943-956, July.
    5. Richard Baron & Jacques Durieu & Hans Haller & Philippe Solal, 2003. "Control costs and potential functions for spatial games," International Journal of Game Theory, Springer;Game Theory Society, vol. 31(4), pages 541-561, September.
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    Keywords

    Evolution; Mutation;

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