EVOLUTIONARY SELECTION OF BELIEFS

被引:2
|
作者
GANS, JS
机构
[1] Department of Economics, University of New South Wales, Sydney
关键词
EVOLUTIONARY STABLE EQUILIBRIUM; BELIEFS; RATIONALISABILITY;
D O I
10.1016/0165-1765(94)00651-H
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper introduces a new notion of evolutionary stability based on beliefs as the unit of selection - belief evolutionary stable (BEST) equilibrium. It is shown that, in two-player games (and random matching contexts), this new equilibrium concept is equivalent to traditional evolutionary stability. A final result explores the links between evolutionary stability and rationalisability.
引用
收藏
页码:13 / 17
页数:5
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