BEST RESPONSE DYNAMICS AND SOCIALLY STABLE STRATEGIES

被引：161
|
作者：
MATSUI, A
机构：
[1] Department of Economics, University of Pennsylvania, Philadelphia
来源：
JOURNAL OF ECONOMIC THEORY | 1992年 / 57卷 / 02期
关键词：
D O I：
10.1016/0022-0531(92)90040-O
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
An evolutionarily stable strategy (Maynard Smith and Price, Nature (London) 246 (1973), 15-18) is a strategy which is robust against a tiny invasion of mutants. Best response dynamics is a dynamic process in which the frequency of a strategy increases only if it is a best response to the present strategy distribution. Gilboa and Matsui (Econometrica 59 (1991), 859-867) proposed a stability concept directly derived from this dynamic process. Modifying the above two stability concepts, this paper shows the equivalence between the static concept and the dynamic one. Their set-valued versions always exist. Examples are given to see their usefulness in analyzing forward induction and preplay communication. © 1992.
引用
收藏
页码：343 / 362
页数：20
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