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Persistent link: https://www.econbiz.de/10005178867
We provide an evolutionary foundation to evidence that in some situations humans maintain optimistic or pessimistic attitudes towards uncertainty and are ignorant to relevant aspects of the environment. Players in strategic games face Knightian uncertainty about opponents’ actions and...
Persistent link: https://www.econbiz.de/10005785794
Persistent link: https://www.econbiz.de/10010993422
This paper considers a large population, game theoretic job-search problem, in which the ratio of job searchers to jobs is α. There are n distinct types of jobs, each with an associated value. Each searcher can only accept one job and cannot recall a job previously rejected. Once a searcher...
Persistent link: https://www.econbiz.de/10008493088
The effect that exogenous mistakes, made by players choosing their strategies, have on the dynamic stability for the replicator dynamic is analyzed for both asymmetric and symmetric normal form games. Through these perturbed games, the dynamic solution concept of limit asymptotic stability is...
Persistent link: https://www.econbiz.de/10004968236
We extend the notions of evolutionary stability and, for the first time, that of neutral stability to asymmetric games played between two populations. Stability with respect to simultaneous entry of a small proportion of mutants into both populations is considered. Allocations where neither...
Persistent link: https://www.econbiz.de/10004968318
The paper shows that there is a close connection between (constant) consistent conjectures in a given game and evolutionary stability of conjectures. Evolutionarily stable conjectures are consistent and consistent conjectures are the only interior candidates for evolutionary stability.
Persistent link: https://www.econbiz.de/10005118524
Studies of mate choice commonly ignore variation in preferences and assume that all individuals should favor the highest-quality mate available. However, individuals may differ in their mate preferences according to their own age, experience, size, or genotype. In the present study, we highlight...
Persistent link: https://www.econbiz.de/10008581301
The standard approach in a biological two-player game is to assume both players choose their actions independently of one another, having no information about their opponent's action (simultaneous game). However, this approach is not realistic in some circumstances. In many cases, one player...
Persistent link: https://www.econbiz.de/10008581303
We present two elaborations of the model of Broom and Ruxton that found evolutionarily stable kleptoparasitic strategies for foragers. These elaborations relax the assumption that the distribution of times required to handle discovered food items is exponential. These changes increase the...
Persistent link: https://www.econbiz.de/10008581513