This paper studies an evolutionary model of network formation with endogenous decay, in which agents benefit both from direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that determines the level of decay of each link. We address...

I investigate how different dispersal patterns affect the evolution of cooperation in a spatially-structured population. I consider a finite fixed-size population of cooperators and free-riders residing on a one-dimensional lattice with periodic boundaries. Individuals interact via a multiplayer...

This paper analyzes a dynamic stochastic equilibrium model of an asset market based on behavioral and evolutionary principles. The core of the model is a non-traditional game-theoretic framework combining elements of stochastic dynamic games and evolutionary game theory. Its key characteristic...