Ternary choices in repeated games and border collision bifurcations (Q2393251)
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English | Ternary choices in repeated games and border collision bifurcations |
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Ternary choices in repeated games and border collision bifurcations (English)
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7 August 2013
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A binary choice game with externalities and with an extra option is analyzed. The complexity of its dynamics in terms of payoff functions is studied. Moreover, the bifurcation structure due to border collisions is explained showing the existence of so-called big-bang bifurcation points.
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repeated game
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binary choice game with externalities
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stable equilibrium
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