Dynamics in stochastic evolutionary models

• 成果类型: Article
• 署名作者: Levine, David K.; Modica, Salvatore
• 署名单位: Washington University (WUSTL); European University Institute; University of Palermo
• 刊物名称: THEORETICAL ECONOMICS
• ISSN/ISSBN: 1933-6837
• DOI: 10.3982/TE1978
• 发表日期: 2016-01-01
• 页码: 89-131
• 关键词: evolution; conventions; Markov chains; state power

摘要

We characterize transitions between stochastically stable states and relative ergodic probabilities in the theory of the evolution of conventions. We give an application to the fall of hegemonies in the evolutionary theory of institutions and conflict, and illustrate the theory with the fall of the Qing dynasty and the rise of communism in China.