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Persistent link: https://www.econbiz.de/10004995465
Dynamic stability under the replicator dynamic of evolutionary game theory is investigated for certain symmetric extensive form games whose subgame structure exhibits a high degree of decomposability. It is shown that a pervasive equilibrium strategy is locally asymptotically stable (l.a.s.) if...
Persistent link: https://www.econbiz.de/10005755767