Shapley polygons in 4 4 games

DOI10.3390/G1030189MaRDI QIDQ2344937zbMATH OpenOpenAlexFDO

Authors Martin Hahn

Publication date 19 May 2015

Published in Games (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.3390/g1030189

zbMATH Keywords

best response dynamicsevolutionary game theoryperiodic solutionsShapley polygon

Mathematics Subject Classification ID

Evolutionary games (91A22)

Review text

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.

Recommendations

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Cites work

• A competition between heteroclinic cycles
• Best response dynamics and socially stable strategies
• Fictitious play, Shapley polygons, and the replicator equations
• Heteroclinic networks on the tetrahedron
• Time Average Replicator and Best-Reply Dynamics

Cited in

(3)

• Fictitious play, Shapley polygons, and the replicator equations
• Non-algebraic convergence proofs for continuous-time fictitious play
• An evolutionary analysis of Varian's model of sales

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