Evolutionary Dynamics and Backward Induction
The backward induction (or subgame-perfect) equilibrium of a perfect information game is shown to be the unique evolutionarily stable outcome for dynamic models consisting of selection and mutation, when the mutation rate is low and the populations are large.
|Date of creation:||27 May 1999|
|Date of revision:||23 Mar 2000|
|Note:||Type of Document - Scientific Word v2.5 (LaTeX); First|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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.:
- M. Kandori & G. Mailath & R. Rob, 1999.
"Learning, Mutation and Long Run Equilibria in Games,"
Levine's Working Paper Archive
500, David K. Levine.
- 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.
- Kandori, M. & Mailath, G.J., 1991. "Learning, Mutation, And Long Run Equilibria In Games," Papers 71, Princeton, Woodrow Wilson School - John M. Olin Program.
- R. Cressman & K.H. Schlag, "undated".
"The Dynamic (In)Stability of Backwards Induction,"
ELSE working papers
027, ESRC Centre on Economics Learning and Social Evolution.
- Swinkels Jeroen M., 1993.
"Adjustment Dynamics and Rational Play in Games,"
Games and Economic Behavior,
Elsevier, vol. 5(3), pages 455-484, July.
- J. Swinkels, 2010. "Adjustment Dynamics and Rational Play in Games," Levine's Working Paper Archive 456, David K. Levine.
- Jeroen M. Swinkels, 1991. "Adjustment Dynamics and Rational Play in Games," Discussion Papers 1001, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Fudenberg, Drew & Levine, David, 1998.
"Learning in games,"
European Economic Review,
Elsevier, vol. 42(3-5), pages 631-639, May.
- Noeldecke,Georg & Samuelson,Larry, "undated".
"An evolutionary analysis of backward and forward induction,"
Discussion Paper Serie B
228, University of Bonn, Germany.
- Noldeke Georg & Samuelson Larry, 1993. "An Evolutionary Analysis of Backward and Forward Induction," Games and Economic Behavior, Elsevier, vol. 5(3), pages 425-454, July.
- G. Noldeke & L. Samuelson, 2010. "An Evolutionary Analysis of Backward and Forward Induction," Levine's Working Paper Archive 538, David K. Levine.
- Aumann, Robert J., 1995. "Backward induction and common knowledge of rationality," Games and Economic Behavior, Elsevier, vol. 8(1), pages 6-19.
- Binmore, K. & Samuelson, L. & Gale, J., 1993. "Learning to be Imperfect: The Ultimatum Game," Working papers 9325, Wisconsin Madison - Social Systems.
- Ebbe Groes & Hans JÛrgen Jacobsen & Birgitte Sloth, 1999.
"Adaptive learning in extensive form games and sequential equilibrium,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 13(1), pages 125-142.
- Ebbe Hendon & Hans Jorgen Jacobsen & Birgitte Sloth, 1995. "Adaptive Learning in Extensive Form Games and Sequential Equilibrium," Discussion Papers 95-08, University of Copenhagen. Department of Economics.
- Hendon, Ebbe & Jacobsen, Hans Jorgen & Sloth, Birgitte, 1996.
"Fictitious Play in Extensive Form Games,"
Games and Economic Behavior,
Elsevier, vol. 15(2), pages 177-202, August.
- Gale, John & Binmore, Kenneth G. & Samuelson, Larry, 1995. "Learning to be imperfect: The ultimatum game," Games and Economic Behavior, Elsevier, vol. 8(1), pages 56-90.
- Hammerstein, Peter & Selten, Reinhard, 1994. "Game theory and evolutionary biology," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 28, pages 929-993 Elsevier.
- Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January.
- Glenn Ellison, 2000. "Basins of Attraction, Long-Run Stochastic Stability, and the Speed of Step-by-Step Evolution," Review of Economic Studies, Oxford University Press, vol. 67(1), pages 17-45.
- Jorgen W. Weibull, 1997. "Evolutionary Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262731215, September.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpga:9905002. 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: (EconWPA)
If references are entirely missing, you can add them using this form.