Laws of large numbers for dynamical systems with randomly matched individuals

DOI10.1016/0022-0531(92)90046-KzbMath0761.92025OpenAlexW2151824840MaRDI QIDQ1201149

Richard T. Boylan

Publication date: 17 January 1993

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(92)90046-k

zbMATH Keywords

dynamical systemslaw of large numbersstochastic systemdeterministic systemcharacterization of random matching schemescountably infinite populations

Mathematics Subject Classification ID

Problems related to evolution (92D15) Applications of game theory (91A80) Economic growth models (91B62) Population dynamics (general) (92D25) Special processes (60K99)

Related Items (25)

Foundation of competitive equilibrium with non-transferable utility ⋮ A random matching theory ⋮ Stochastic approximation to understand simple simulation models ⋮ Why imitate, and if so, how? A boundedly rational approach to multi-armed bandits ⋮ Learning through reinforcement and replicator dynamics ⋮ Evolutionary dynamics in heterogeneous populations: a general framework for an arbitrary type distribution ⋮ The exact law of large numbers for independent random matching ⋮ Independent random matching ⋮ Moral hazard, renegotiation, and forgetfulness. ⋮ Dynamic directed random matching ⋮ On the existence of the ex post symmetric random entry model ⋮ Why learning doesn't add up: Equilibrium selection with a composition of learning rules ⋮ The frequency-dependent Wright-Fisher model: diffusive and non-diffusive approximations ⋮ Transient and asymptotic dynamics of reinforcement learning in games ⋮ Imitation and experimentation in changing contests ⋮ On the observational equivalence of random matching ⋮ Rationalizable foresight dynamics ⋮ Evolutionary game dynamics and the analysis of agent-based imitation models: the long run, the medium run and the importance of global analysis ⋮ Learning, matching, and aggregation ⋮ Continuous approximations of stochastic evolutionary game dynamics ⋮ Dynamical systems with a continuum of randomly matched agents ⋮ Replicator equations induced by microscopic processes in nonoverlapping population playing bimatrix games ⋮ On the evolution of attitudes towards risk in winner-take-all games ⋮ Rent, risk, and replication: Preference adaptation in winner-take-all markets. ⋮ Lotteries, sunspots, and incentive constraints

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