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The nature of the mutation process matters





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    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.

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    Paper provided by Ghent University, Faculty of Economics and Business Administration in its series Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium with number 06/361.

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    Length: 8 pages
    Date of creation: Jan 2006
    Date of revision:
    Handle: RePEc:rug:rugwps:06/361
    Contact details of provider: Postal: Hoveniersberg 4, B-9000 Gent
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    1. J. Bergin & B. Lipman, 2010. "Evolution with State-Dependent Mutations," Levine's Working Paper Archive 486, David K. Levine.
    2. M. Kandori & G. Mailath & R. Rob, 1999. "Learning, Mutation and Long Run Equilibria in Games," Levine's Working Paper Archive 500, David K. Levine.
    3. Lawrence E. Blume, 1994. "How Noise Matters," Game Theory and Information 9407002, EconWPA, revised 27 Jul 1994.
    4. Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January.
    5. Richard Baron & Jacques Durieu & Hans Haller & Philippe Solal, 2003. "Control costs and potential functions for spatial games," International Journal of Game Theory, Springer, vol. 31(4), pages 541-561, 09.
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