Showing 1 - 10 of 45
Persistent link: https://www.econbiz.de/10009301466
Persistent link: https://www.econbiz.de/10011525203
This paper studies a dynamic adjustment process in a large society of forward-looking agents where payoffs are given by a normal form supermodular game. The stationary states of the dynamics correspond to the Nash equilibria of the stage game. It is shown that if the stage game has a monotone...
Persistent link: https://www.econbiz.de/10011700407
Persistent link: https://www.econbiz.de/10014335890
Persistent link: https://www.econbiz.de/10003972876
Persistent link: https://www.econbiz.de/10003876957
Persistent link: https://www.econbiz.de/10009511668
Persistent link: https://www.econbiz.de/10010528205
Persistent link: https://www.econbiz.de/10002398693
We consider a model of evolution in games in which a revising agent observes the actions of a random number of randomly sampled opponents and then chooses a best response to the distribution of actions in the sample. We provide a condition on the distribution of sample sizes under which an...
Persistent link: https://www.econbiz.de/10011673541