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Evolution of cooperation with peer punishment under prospect theory

Uchida, Satoshi; Yamamoto, Hitoshi; Okada, Isamu; … - In: Games 10 (2019) 1/11, pp. 1-18

mechanisms to the dilemma in recent decades. Although punishment is thought to be a key mechanism, evolutionary game theory has … mechanism for the dilemma by incorporating prospect theory into evolutionary game theory. Prospect theory models human beings as …

Persistent link: https://www.econbiz.de/10012015563

Evolutionary stability of prospect theory preferences

Rieger, Marc Oliver - In: Journal of mathematical economics 50 (2014), pp. 1-11

Persistent link: https://www.econbiz.de/10010476887

Finding all pure-strategy equilibria in games with continuous strategies

Judd, Kenneth L.; Renner, Philipp; Schmedders, Karl - In: Quantitative economics : QE ; journal of the … 3 (2012) 2, pp. 289-331

Static and dynamic games are important tools for the analysis of strategic interactions among economic agents and have found many applications in economics. In many games, equilibria can be described as solutions of polynomial equations. In this paper, we describe state-of-the-art techniques for...

Persistent link: https://www.econbiz.de/10011756833

Refined best reply correspondence and dynamics

Balkenborg, Dieter; Hofbauer, Josef; Kuzmics, Christoph - In: Theoretical economics : TE ; an open access journal in … 8 (2013) 1, pp. 165-192

We call a correspondence, defined on the set of mixed strategy pro les, a generalized best reply correspondence if it (1) has a product structure, (2) is upper hemi-continuous, (3) always includes a best reply to any mixed strategy pro le, and (4) is convex- and closed-valued. For each...

Persistent link: https://www.econbiz.de/10011687048

Grant, William C. - In: Games 14 (2023) 3, pp. 1-16

In the game of rock-paper-scissors with three players, this paper identifies conditions for a correlated equilibrium that differs from the mixed strategy Nash equilibrium and is evolutionarily stable. For this to occur, the correlation device attaches more probability to three-way ties and...

Persistent link: https://www.econbiz.de/10014426258

Chapter 6. Stochastic Evolutionary Game Dynamics

Wallace, Chris; Young, H. Peyton - In: Handbook of game theory with economic applications : …, (pp. 327-380). 2015

Traditional game theory studies strategic interactions in which the agents make rational decisions. Evolutionary game … theory differs in two key respects: the focus is on large populations of individuals who interact at random rather than on … form of consistency between beliefs and strategies. This chapter shows how the theory of stochastic dynamical systems can …

Persistent link: https://www.econbiz.de/10014025453

Social context and the spread of HIV : an evolutionary game-theoretic investigation on the impacts of social stigma on epidemic outcomes

Ferguson, William D.; Nguyen, Trang Kieu - In: Economies : open access journal 2 (2014) 3, pp. 171-192

a foundation for numerous theoretical extensions-such as applications to social network theory-as well as foundation for …

Persistent link: https://www.econbiz.de/10010434137

Deterministic equations for stochastic spatial evolutionary games

Hwang, Sung-ha; Katsoulakis, Markos; Rey-Bellet, Luc - In: Theoretical economics : TE ; an open access journal in … 8 (2013) 3, pp. 829-874

Spatial evolutionary games model individuals who are distributed in a spatial domain and update their strategies upon playing a normal form game with their neighbors. We derive integro-differential equations as deterministic approximations of the microscopic updating stochastic processes. This...

Persistent link: https://www.econbiz.de/10011685146

Chapter 11 Natural Kantian or ZOO ECONOMICUS ? Evolutionary theories of selfishness and altruism among men and beasts

Bergstrom, Theodore C. - In: Handbook of the economics of giving, altruism and …, (pp. 771-817). 2006

This paper addresses the question of whether our evolutionary history suggests that humans are likely to be individually selected selfish maximizers or group selected altruists. It surveys models from the literature of evolutionary biology in which groups are formed and dissolved and where the...

Persistent link: https://www.econbiz.de/10014023672

Frames and social games

Lanzi, Diego - In: The journal of socio-economics 45 (2013), pp. 227-233

Persistent link: https://www.econbiz.de/10009781211

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