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Evolutionary Selection in Normal-Form Games

Author

Listed:
  • K. Ritzberger
  • J. Weibull
Abstract
This paper investigates stability properties of evolutionary selection dynamics in normal-form games. The analysis is focused on deterministic dynamics in continuous time and on asymptotic stability of sets of population states, more precisely of faces of the mixed-strategy space. The main result is a characterization of those faces that are asymptotically stable in all dynamics from a certain class, and the authors show that every such face contains an essential component of the set of Nash equilibria and, hence, a strategically stable set in the sense of E. Kohlberg and J. F. Mertens (1986). Copyright 1995 by The Econometric Society.
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Suggested Citation

  • K. Ritzberger & J. Weibull, 2010. "Evolutionary Selection in Normal-Form Games," Levine's Working Paper Archive 452, David K. Levine.
    • Handle: RePEc:cla:levarc:452
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    References listed on IDEAS

    as
    1. Tan, Tommy Chin-Chiu & da Costa Werlang, Sergio Ribeiro, 1988. "The Bayesian foundations of solution concepts of games," Journal of Economic Theory, Elsevier, vol. 45(2), pages 370-391, August.
    2. Samuelson, Larry & Zhang, Jianbo, 1992. "Evolutionary stability in asymmetric games," Journal of Economic Theory, Elsevier, vol. 57(2), pages 363-391, August.
    3. Nachbar, J H, 1990. ""Evolutionary" Selection Dynamics in Games: Convergence and Limit Properties," International Journal of Game Theory, Springer;Game Theory Society, vol. 19(1), pages 59-89.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General

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