On the relationship between risk-dominance and stochastic stability

DOI10.1006/GAME.1997.0556zbMath0882.90132OpenAlexW1980575699MaRDI QIDQ1362607

Toshimasa Murata

Publication date: 5 August 1997

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10419/221478

zbMATH Keywords

stochastic stabilityrisk-dominancesymmetric equilibria\(2\times 2\) symmetric game

Mathematics Subject Classification ID

2-person games (91A05)

Related Items (19)

A DIFFERENTIAL GAME APPROACH TO EVOLUTIONARY EQUILIBRIUM SELECTION ⋮ Long-run equilibria with dominated strategies ⋮ A characterization of stochastically stable networks ⋮ Bandwagon effects and constrained network formation ⋮ \(p\)-best response set ⋮ Characterizing robust solutions in monotone games ⋮ Evolutionary stability of ambiguity in context signaling games ⋮ Stochastically stable equilibria in \(n\)-person binary coordination games ⋮ A multinomial probit model of stochastic evolution. ⋮ Adaptive learning and \(p\)-best response sets ⋮ Partial bandwagon effects and local interactions ⋮ Evolutionary Game Theory ⋮ More neighbors, more efficiency ⋮ Stochastic stability in a double auction ⋮ The evolution of focal points ⋮ Generalized potentials and robust sets of equilibria ⋮ Coordination problems on networks revisited: statics and dynamics ⋮ Coordination games and local interactions: a survey of the game theoretic literature ⋮ \(p\)-dominance and equilibrium selection under perfect foresight dynamics.

Cites Work

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• Stochastic evolutionary game dynamics
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• Muddling through: Noisy equilibrium selection
• Bandwagon effects and long run technology choice
• Evolution of equilibria in the long run: A general theory and applications
• Global Games and Equilibrium Selection
• Learning, Local Interaction, and Coordination
• p-Dominance and Belief Potential
• Learning, Mutation, and Long Run Equilibria in Games
• The Evolution of Conventions

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