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Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive population dynamics in Kandori, Mailath and rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model mutation rates as...
Persistent link: https://www.econbiz.de/10005082492
No abstract.
Persistent link: https://www.econbiz.de/10010685041
No abstract.
Persistent link: https://www.econbiz.de/10010685046