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Evolutionary Drift and Equilibrium Selection

Citations

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Cited by:

  1. Ponti, Giovanni, 2000. "Cycles of Learning in the Centipede Game," Games and Economic Behavior, Elsevier, vol. 30(1), pages 115-141, January.
  2. Fudenberg, Drew & Pathak, Parag A., 2010. "Unobserved punishment supports cooperation," Journal of Public Economics, Elsevier, vol. 94(1-2), pages 78-86, February.
  3. Yasuhiro Shirata, 2020. "Evolution of a Collusive Price in a Networked Market," Dynamic Games and Applications, Springer, vol. 10(2), pages 528-554, June.
  4. Jeffrey Carpenter & Peter Matthews, 2002. "Social Reciprocity," Middlebury College Working Paper Series 0229, Middlebury College, Department of Economics.
  5. Sandholm, William H., 2005. "Excess payoff dynamics and other well-behaved evolutionary dynamics," Journal of Economic Theory, Elsevier, vol. 124(2), pages 149-170, October.
  6. Duffie, Darrell & Sun, Yeneng, 2012. "The exact law of large numbers for independent random matching," Journal of Economic Theory, Elsevier, vol. 147(3), pages 1105-1139.
  7. repec:cdl:ucsbec:6-98 is not listed on IDEAS
  8. Duffie, Darrell & Qiao, Lei & Sun, Yeneng, 2018. "Dynamic directed random matching," Journal of Economic Theory, Elsevier, vol. 174(C), pages 124-183.
  9. Hofbauer, Josef & Sandholm, William H., 2007. "Evolution in games with randomly disturbed payoffs," Journal of Economic Theory, Elsevier, vol. 132(1), pages 47-69, January.
  10. repec:ebl:ecbull:v:3:y:2008:i:19:p:1-7 is not listed on IDEAS
  11. Yasuhiro Shirata, 2012. "The evolution of fairness under an assortative matching rule in the ultimatum game," International Journal of Game Theory, Springer;Game Theory Society, vol. 41(1), pages 1-21, February.
  12. Jeffrey P. Carpenter & Peter Hans Matthews, 2013. "Crying Over Spilt Milk: Sunk Costs, Fairness Norms and the Hold-up Problem," Studies in Microeconomics, , vol. 1(2), pages 113-129, December.
  13. Agostino Manduchi, 1998. "Similar Actions and Cooperation in the Centipede Played by Automata," Working Papers 98-06-053, Santa Fe Institute.
  14. Hofbauer, Josef & Hopkins, Ed, 2005. "Learning in perturbed asymmetric games," Games and Economic Behavior, Elsevier, vol. 52(1), pages 133-152, July.
  15. Robert Molzon, 2012. "Large Population Limits for Evolutionary Dynamics with Random Matching," Dynamic Games and Applications, Springer, vol. 2(1), pages 146-159, March.
  16. Anders Poulsen & Gert Svendsen, 2005. "Social Capital and Endogenous Preferences," Public Choice, Springer, vol. 123(1), pages 171-196, April.
  17. Roberto Ricciuti & Alessandro Innocenti & Mauro Caminati, 2008. "Drift and equilibrium selection with human and computer players," Economics Bulletin, AccessEcon, vol. 3(19), pages 1-7.
  18. Ianni, A., 2002. "Reinforcement learning and the power law of practice: some analytical results," Discussion Paper Series In Economics And Econometrics 203, Economics Division, School of Social Sciences, University of Southampton.
  19. Ed Hopkins, 2002. "Two Competing Models of How People Learn in Games," Econometrica, Econometric Society, vol. 70(6), pages 2141-2166, November.
  20. Kristian Lindgren & Vilhelm Verendel, 2013. "Evolutionary Exploration of the Finitely Repeated Prisoners’ Dilemma—The Effect of Out-of-Equilibrium Play," Games, MDPI, vol. 4(1), pages 1-20, January.
  21. Russell Golman & Scott Page, 2010. "Basins of attraction and equilibrium selection under different learning rules," Journal of Evolutionary Economics, Springer, vol. 20(1), pages 49-72, January.
  22. Lindgren, Kristian & Verendel, Vilhelm, 2013. "Evolutionary Exploration of the Finitely Repeated Prisoners' Dilemma--The Effect of Out-of-Equilibrium Play," MPRA Paper 43662, University Library of Munich, Germany.
  23. Antonio Cabrales & Giovanni Ponti, 2000. "Implementation, Elimination of Weakly Dominated Strategies and Evolutionary Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(2), pages 247-282, April.
  24. Garratt, Rod & Troger, Thomas E, 2003. "Speculation in Second-Price Auctions with Resale," University of California at Santa Barbara, Economics Working Paper Series qt0bj7w3z6, Department of Economics, UC Santa Barbara.
  25. William Tracy, 2014. "Paradox Lost: The Evolution of Strategies in Selten’s Chain Store Game," Computational Economics, Springer;Society for Computational Economics, vol. 43(1), pages 83-103, January.
  26. van Damme, Eric & Binmore, Kenneth G. & Roth, Alvin E. & Samuelson, Larry & Winter, Eyal & Bolton, Gary E. & Ockenfels, Axel & Dufwenberg, Martin & Kirchsteiger, Georg & Gneezy, Uri & Kocher, Martin G, 2014. "How Werner Güth's ultimatum game shaped our understanding of social behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 292-318.
  27. Parke, William R. & Waters, George A., 2007. "An evolutionary game theory explanation of ARCH effects," Journal of Economic Dynamics and Control, Elsevier, vol. 31(7), pages 2234-2262, July.
  28. Waters, George A., 2009. "Chaos in the cobweb model with a new learning dynamic," Journal of Economic Dynamics and Control, Elsevier, vol. 33(6), pages 1201-1216, June.
  29. Sethi, Rajiv & Somanathan, E., 2003. "Understanding reciprocity," Journal of Economic Behavior & Organization, Elsevier, vol. 50(1), pages 1-27, January.
  30. Eshel, Illan & Sansone, Emilia & Shaked, Avner, 2005. "Gregarious Behaviour of Evasive Prey," Bonn Econ Discussion Papers 34/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
  31. Uriarte Ayo, José Ramón, 2003. "A Model of Evolutionay Drift," IKERLANAK 2003-01, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
  32. Stefano Demichelis & Jorgen W. Weibull, 2008. "Language, Meaning, and Games: A Model of Communication, Coordination, and Evolution," American Economic Review, American Economic Association, vol. 98(4), pages 1292-1311, September.
  33. Friedel Bolle & Jörg Spiller, 2021. "Cooperation against all predictions," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 904-924, July.
  34. Benndorf, Volker & Martínez-Martínez, Ismael & Normann, Hans-Theo, 2021. "Games with coupled populations: An experiment in continuous time," Journal of Economic Theory, Elsevier, vol. 195(C).
  35. Mathias Staudigl, 2010. "On a General class of stochastic co-evolutionary dynamics," Vienna Economics Papers 1001, University of Vienna, Department of Economics.
  36. K.J.M. De Jaegher & R. van Rooij, 2011. "Game-theoretic pragmatics under conflicting and common interests," Working Papers 11-25, Utrecht School of Economics.
  37. Ponti, Giovanni, 2000. "Continuous-time evolutionary dynamics: theory and practice," Research in Economics, Elsevier, vol. 54(2), pages 187-214, June.
  38. Bin-Tzong Chie & Shu-Heng Chen, 2014. "Non-Price Competition in a Modular Economy," ASSRU Discussion Papers 1401, ASSRU - Algorithmic Social Science Research Unit.
  39. Simon P. Anderson & Jacob K. Goeree & Charles A. Holt, 2002. "The Logit Equilibrium: A Perspective on Intuitive Behavioral Anomalies," Southern Economic Journal, John Wiley & Sons, vol. 69(1), pages 21-47, July.
  40. Sandholm,W.H., 2003. "Excess payoff dynamics, potential dynamics, and stable games," Working papers 5, Wisconsin Madison - Social Systems.
  41. Friedel Bolle, 2022. "Voting with abstention," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(1), pages 30-57, February.
  42. Bolle, Friedel, 2019. "When will party whips succeed? Evidence from almost symmetric voting games," Mathematical Social Sciences, Elsevier, vol. 102(C), pages 24-34.
  43. Dai, Darong, 2012. "Learning Nash Equilibria," MPRA Paper 40040, University Library of Munich, Germany.
  44. Bolle, Friedel, 2017. "A behavioral theory of equilibrium selection," Discussion Papers 392, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
  45. Herold, Florian & Kuzmics, Christoph, 2009. "Evolutionary stability of discrimination under observability," Games and Economic Behavior, Elsevier, vol. 67(2), pages 542-551, November.
  46. Heller, Yuval & Kuzmics, Christoph, 2020. "Communication, Renegotiation and Coordination with Private Values (Extended Version)," MPRA Paper 102926, University Library of Munich, Germany, revised 26 Jul 2021.
  47. Cabrales, Antonio & Uriarte Ayo, José Ramón, 2008. "Doubts and Equilibria," IKERLANAK 2008-31, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
  48. Somanathan, E., 1997. "Evolutionary Stability of Pure-Strategy Equilibria in Finite Games," Games and Economic Behavior, Elsevier, vol. 21(1-2), pages 253-265, October.
  49. Josef Hofbauer & Simon M. Huttegger, 2015. "Selection-Mutation Dynamics of Signaling Games," Games, MDPI, vol. 6(1), pages 1-30, January.
  50. Uriarte Ayo, José Ramón, 2003. "A Model of Evolutionay Drift," IKERLANAK 6502, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
  51. Ellingsen, Tore & Robles, Jack, 2002. "Does Evolution Solve the Hold-Up Problem?," Games and Economic Behavior, Elsevier, vol. 39(1), pages 28-53, April.
  52. William H. Sandholm, 1997. "An Evolutionary Approach to Congestion," Discussion Papers 1198, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  53. Cabrales, Antonio, 1999. "Adaptive Dynamics and the Implementation Problem with Complete Information," Journal of Economic Theory, Elsevier, vol. 86(2), pages 159-184, June.
  54. Hofbauer,J. & Sandholm,W.H., 2001. "Evolution and learning in games with randomly disturbed payoffs," Working papers 5, Wisconsin Madison - Social Systems.
  55. Agastya, Murali, 2004. "Stochastic stability in a double auction," Games and Economic Behavior, Elsevier, vol. 48(2), pages 203-222, August.
  56. Segismundo S. Izquierdo & Luis R. Izquierdo, 2011. "Strictly Dominated Strategies in the Replicator-Mutator Dynamics," Games, MDPI, vol. 2(3), pages 1-10, September.
  57. Rui SILVA, 2018. "Equilibrium Selection in n-Person Static Games with Complete Information," Departmental Working Papers 2018-04, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  58. Russell Golman, 2011. "Why learning doesn’t add up: equilibrium selection with a composition of learning rules," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(4), pages 719-733, November.
  59. Uriarte Ayo, José Ramón, 2005. "A Behavioral Foundation for Models of Evolutionary Drift," IKERLANAK 2005-19, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
  60. Binmore, Ken & Samuelson, Larry, 2001. "Coordinated Action in the Electronic Mail Game," Games and Economic Behavior, Elsevier, vol. 35(1-2), pages 6-30, April.
  61. Binmore, Ken & Samuelson, Larry & Young, Peyton, 2003. "Equilibrium selection in bargaining models," Games and Economic Behavior, Elsevier, vol. 45(2), pages 296-328, November.
  62. Boris Salazar, 2001. "¿Qué tan racional es el principio de racionalidad de Popper?," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 3(5), pages 52-77, July-Dece.
  63. Duffie, Darrell & Qiao, Lei & Sun, Yeneng, 2018. "Dynamic directed random matching," Journal of Economic Theory, Elsevier, vol. 174(C), pages 124-183.
  64. Daniel Friedman & Nirvikar Singh, 2004. "Vengefulness Evolves in Small Groups," Palgrave Macmillan Books, in: Steffen Huck (ed.), Advances in Understanding Strategic Behaviour, chapter 3, pages 28-54, Palgrave Macmillan.
  65. Jonathan Newton, 2018. "Evolutionary Game Theory: A Renaissance," Games, MDPI, vol. 9(2), pages 1-67, May.
  66. Antonio Cabrales & José-Ramón Uriarte, 2013. "Doubts and equilibria," Journal of Evolutionary Economics, Springer, vol. 23(4), pages 783-810, September.
  67. Caminati, Mauro & Innocenti, Alessandro & Ricciuti, Roberto, 2006. "Drift effect under timing without observability: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 61(3), pages 393-414, November.
  68. Anders Poulsen & Odile Poulsen, 2006. "Endogenous Preferences and Social-Dilemma Institutions," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 162(4), pages 627-660, December.
  69. Weibull, Jörgen & Salomonsson, Marcus, 2005. "Natural selection and social preferences," SSE/EFI Working Paper Series in Economics and Finance 588, Stockholm School of Economics, revised 27 Sep 2005.
  70. Engseld, Peter & Bergh, Andreas, 2005. "Choosing Opponents in Prisoners' Dilemma: An Evolutionary Analysis," Working Papers 2005:45, Lund University, Department of Economics.
  71. Poulsen, Anders Udo, 2007. "Information and endogenous first mover advantages in the ultimatum game: An evolutionary approach," Journal of Economic Behavior & Organization, Elsevier, vol. 64(1), pages 129-143, September.
  72. Uriarte, Jose Ramon, 2007. "A behavioural foundation for models of evolutionary drift," Journal of Economic Behavior & Organization, Elsevier, vol. 63(3), pages 497-513, July.
  73. Samuelson, Larry, 2001. "Analogies, Adaptation, and Anomalies," Journal of Economic Theory, Elsevier, vol. 97(2), pages 320-366, April.
  74. Halevy, Yoram & Peters, Michael, 2007. "Other Regarding Preferences: Outcomes, Intentions, or Interdependence," Microeconomics.ca working papers peters-07-03-31-11-46-48, Vancouver School of Economics, revised 24 Jun 2009.
  75. Poulsen, Anders, 2002. "On the Evolutionary Stability of Bargaining Inefficiency," Working Papers 02-5, University of Aarhus, Aarhus School of Business, Department of Economics.
  76. Dai, Darong, 2012. "On the existence and stability of Pareto optimal endogenous matching with fairness," MPRA Paper 40457, University Library of Munich, Germany.
  77. Simon P. Anderson & Jacob K. Goeree & Charles A. Holt, 1999. "Stochastic Game Theory: Adjustment to Equilibrium Under Noisy Directional Learning," Virginia Economics Online Papers 327, University of Virginia, Department of Economics.
  78. Hauk, Esther & Hurkens, Sjaak, 2002. "On Forward Induction and Evolutionary and Strategic Stability," Journal of Economic Theory, Elsevier, vol. 106(1), pages 66-90, September.
  79. Stegeman, Mark & Rhode, Paul, 2004. "Stochastic Darwinian equilibria in small and large populations," Games and Economic Behavior, Elsevier, vol. 49(1), pages 171-214, October.
  80. Dai, Darong, 2012. "On the Existence and Stability of Pareto Optimal Endogenous Matching with Fairness," MPRA Paper 40560, University Library of Munich, Germany.
  81. Sandholm,W.H., 2002. "Potential dynamics and stable games," Working papers 21, Wisconsin Madison - Social Systems.
  82. Bosch-Domenech, Antoni & Saez-Marti, Maria, 2001. "Cycles of Aggregate Behavior in Theory and Experiment," Games and Economic Behavior, Elsevier, vol. 36(2), pages 105-137, August.
  83. Sandholm, William H., 2003. "Evolution and equilibrium under inexact information," Games and Economic Behavior, Elsevier, vol. 44(2), pages 343-378, August.
  84. Mielke, Jahel & Steudle, Gesine A., 2018. "Green Investment and Coordination Failure: An Investors' Perspective," Ecological Economics, Elsevier, vol. 150(C), pages 88-95.
  85. Alessandro Innocenti & Mauro Caminati & Roberto Ricciuti, 2003. "Drift effect and timing without observability: experimental evidence," Department of Economics University of Siena 405, Department of Economics, University of Siena.
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