Discrete Dynamics in Evolutionary Games
This paper furnishes a guide for the study of 2-dimensional evolutionary games in discrete time. Evolutionarily stable strategies are identified and nonlinear outcomes are explored. Besides the baseline payoffs of the established strategic interaction, the following elements are also vital to determ...
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| Format: | Article |
| Language: | English |
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Hindawi Limited
2012-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2012/416789 |
| Summary: | This paper furnishes a guide for the study of 2-dimensional evolutionary games in discrete time. Evolutionarily stable strategies are identified and nonlinear outcomes are explored. Besides the baseline payoffs of the established strategic interaction, the following elements are also vital to determine the dynamic outcome of a game: the initial fitness of each agent and the rule of motion that describes how individuals switch between strategies. In addition to the dynamic rule commonly used in evolutionary games, the replicator dynamics, we propose another rule, which acknowledges the role of expectations and sophisticates the replicator mechanism. |
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| ISSN: | 1026-0226 1607-887X |