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The replicator equation model for the evolution of individual behaviors in a single-species with a multi-dimensional continuous trait space is developed as a dynamics on the set of probability measures. Stability of monomorphisms in this model using the weak topology is compared to more...
Persistent link: https://www.econbiz.de/10004989631
We show in this paper that none of the existing static evolutionary stability concepts (ESS, CSS, uninvadability, NIS) is sufficient to guarantee dynamic stability in the weak topology with respect to standard evolutionary dynamics if the strategy space is continuous. We propose a new concept,...
Persistent link: https://www.econbiz.de/10004968463