On the evolutionary selection of sets of Nash equilibria

成果类型:
Article
署名作者:
Balkenborg, Dieter; Schlag, Karl H.
署名单位:
University of Exeter; European University Institute
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2005.08.008
发表日期:
2007
页码:
295-315
关键词:
evolutionary dynamics Replicator dynamic regular selection dynamics strict equilibrium set Nash equilibrium component
摘要:
It is well established for evolutionary dynamics in asymmetric games that a pure strategy combination is asymptotically stable if and only if it is a strict Nash equilibrium. We use an extension of the notion of a strict Nash equilibrium to sets of strategy combinations called 'strict equilibrium set' and show the following. For a large class of evolutionary dynamics, including all monotone regular selection dynamics, every asymptotically stable set of rest points that contains a pure strategy combination in each of its connected components is a strict equilibrium set. A converse statement holds for two-person games, for convex sets and for the standard replicator dynamic. (c) 2005 Elsevier Inc. All rights reserved.