Shapley polygons in \(4\times 4\) games (Q2344937)

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scientific article; zbMATH DE number 6436583
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    Shapley polygons in \(4\times 4\) games
    scientific article; zbMATH DE number 6436583

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      Shapley polygons in \(4\times 4\) games (English)
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      19 May 2015
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      Summary: We study \(4\times 4\) games for which the best response dynamics contain a cycle. We give examples in which multiple Shapley polygons occur for these kinds of games. We derive conditions under which Shapley polygons exist and conditions for the stability of these polygons. It turns out that there is a very strong connection between the stability of heteroclinic cycles for the replicator equation and Shapley polygons for the best response dynamics. It is also shown that chaotic behaviour can not occur in this kind of game.
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      evolutionary game theory
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      Shapley polygon
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      best response dynamics
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      periodic solutions
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