The projection dynamic and the geometry of population games
نویسندگان
چکیده
The projection dynamic is an evolutionary dynamic for population games. It is derived from a model of individual choice in which agents abandon their current strategies at rates inversely proportional to the strategies’ current levels of use. The dynamic admits a simple geometric definition, its rest points coincide with the Nash equilibria of the underlying game, and it converges globally to Nash equilibrium in potential games and in stable games. JEL classification: C72, C73.
منابع مشابه
The Projection Dynamic, the Replicator Dynamic, and the Geometry of Population Games∗†
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ورودعنوان ژورنال:
- Games and Economic Behavior
دوره 64 شماره
صفحات -
تاریخ انتشار 2008