Evolutionary Stability of Constant Consistent Conjectures
The paper shows that there is a close connection between (constant) consistent conjectures in a given game and evolutionary stability of conjectures. Evolutionarily stable conjectures are consistent and consistent conjectures are the only interior candidates for evolutionary stability.
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- Dixon, Huw D. & Somma, Ernesto, 2003. "The evolution of consistent conjectures," Journal of Economic Behavior & Organization, Elsevier, vol. 51(4), pages 523-536, August.
- repec:dgr:kubcen:200344 is not listed on IDEAS
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CORE Discussion Papers RP
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- Müller, W. & Normann, H.T., 2005.
"Conjectural variations and evolutionary stability : A new rationale for consistency,"
Other publications TiSEM
a9dba38c-5ab2-4ec3-ba6f-2, Tilburg University, School of Economics and Management.
- Müller, W. & Normann, H.T., 2003. "Conjectural Variations and Evolutionary Stability : A New Rationale for Consistency," Discussion Paper 2003-44, Tilburg University, Center for Economic Research.
- Laitner, John, 1980. ""Rational" Duopoly Equilibria," The Quarterly Journal of Economics, MIT Press, vol. 95(4), pages 641-62, December.
- Costrell, Robert M., 1991. "Immiserizing growth with semi-public goods under consistent conjectures," Journal of Public Economics, Elsevier, vol. 45(3), pages 383-389, August.
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