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The paper compares two models of evolution in symmetric twoplayergames with incomplete information. One model … postulates thatthe type of a player is fixed, and evolution works within types. Inthe other model type-contingent strategies …
Persistent link: https://www.econbiz.de/10005868794
The paper shows that there is a close connection between (constant)consistent conjectures in a given game and evolutionary stabilityof conjectures. Evolutionarily stable conjectures are consistent andconsistent conjectures are the only interior candidates for evolutionarystability...
Persistent link: https://www.econbiz.de/10005868802
distribution restricts the evolution of the poverty measuresto be stable... …
Persistent link: https://www.econbiz.de/10005869058