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We study population dynamics under which each revising agent tests each strategy k times, with each trial being against a newly drawn opponent, and chooses the strategy whose mean payoff was highest. When k = 1, defection is globally stable in the prisoner’s dilemma. By contrast, when k 1 we...
Persistent link: https://www.econbiz.de/10015226068
We study population dynamics under which each revising agent tests each strategy k times, with each trial being against a newly drawn opponent, and chooses the strategy whose mean payoff was highest. When k = 1, defection is globally stable in the prisoner’s dilemma. By contrast, when k 1 we...
Persistent link: https://www.econbiz.de/10015229395
The hawk–dove game admits two types of equilibria: an asymmetric pure equilibrium in which players in one population play “hawk” and players in the other population play “dove,” and a symmetric mixed equilibrium. The existing literature on dynamic evolutionary models shows that...
Persistent link: https://www.econbiz.de/10015266774
We study population dynamics under which each revising agent tests each strategy k times, with each trial being against a newly drawn opponent, and chooses the strategy whose mean payoff was highest. When k = 1, defection is globally stable in the prisoner’s dilemma. By contrast, when k 1 we...
Persistent link: https://www.econbiz.de/10015267087
We study population dynamics under which each revising agent tests each strategy k times, with each trial being against a newly drawn opponent, and chooses the strategy whose mean payoff was highest. When k = 1, defection is globally stable in the prisoner’s dilemma. By contrast, when k 1 we...
Persistent link: https://www.econbiz.de/10015267188
The hawk–dove game admits two types of equilibria: an asymmetric pure equilibrium in which players in one population play “hawk” and players in the other population play “dove,” and a symmetric mixed equilibrium. The existing literature on dynamic evolutionary models shows that...
Persistent link: https://www.econbiz.de/10015267318