Equilibrium selection in evolutionary games with random matching of players
From MaRDI portal
Abstract: We discuss stochastic dynamics of populations of individuals playing games. Our models possess two evolutionarily stable strategies: an efficient one, where a population is in a state with the maximal payoff (fitness) and a risk-dominant one, where players are averse to risks. We assume that individuals play with randomly chosen opponents (they do not play against average strategies as in the standard replicator dynamics). We show that the long-run behavior of a population depends on its size and the mutation level.
Recommendations
- Learning, Mutation, and Long Run Equilibria in Games
- Muddling through: Noisy equilibrium selection
- Efficient equilibrium selection in evolutionary games with random matching
- Large population limits for evolutionary dynamics with random matching
- Stochastic evolutionary game dynamics: foundations, deterministic approximation, and equilibrium selection
Cites work
- scientific article; zbMATH DE number 3835792 (Why is no real title available?)
- scientific article; zbMATH DE number 3826915 (Why is no real title available?)
- scientific article; zbMATH DE number 43585 (Why is no real title available?)
- scientific article; zbMATH DE number 47120 (Why is no real title available?)
- scientific article; zbMATH DE number 1424768 (Why is no real title available?)
- Efficient equilibrium selection in evolutionary games with random matching
- Evolutionarily stable strategies and game dynamics
- Learning, Mutation, and Long Run Equilibria in Games
- ON SMALL RANDOM PERTURBATIONS OF DYNAMICAL SYSTEMS
- Stochastic evolutionary game dynamics
Cited in
(14)- Type of noise defines global attractors in bistable molecular regulatory systems
- Stochastic sampling of interaction partners versus deterministic payoff assignment
- Evolutionary dynamics with aggregate shocks
- Equilibrium strategies in two-sided mate choice problem with age preferences
- Reflective evolution under strategic uncertainty
- Equilibrium Selection in Evolutionary Games with Imperfect Monitoring
- Evolutionary games and matching rules
- Pairwise comparison dynamics and evolutionary foundations for Nash equilibrium
- Stochastic Darwinian equilibria in small and large populations
- Evolution and Rawlsian social choice in matching
- Stochastic stability in three-player games with time delays
- scientific article; zbMATH DE number 5375558 (Why is no real title available?)
- Population dynamics with a stable efficient equilibrium
- Match choice and Ghettoization in evolutionary games
This page was built for publication: Equilibrium selection in evolutionary games with random matching of players
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q776439)