Statistical inference in evolutionary dynamics

成果类型:
Article
署名作者:
Sawa, Ryoji; Wu, Jiabin
署名单位:
University of Tsukuba; University of Oregon
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2022.11.008
发表日期:
2023
页码:
294-316
关键词:
Statistical inference bounded rationality Deterministic evolutionary game theory Sampling best response Network games
摘要:
We introduce evolutionary dynamics for two-action games where agents with diverse preferences use statistical inference to guide their behavior. We show that the dynamic converges to a Bayesian sampling equilibrium with statistical inference (SESI) and the set of Bayesian SESIs is globally asymptotically stable. We discuss the global convergence to a unique Bayesian SESI in anti-coordination games, a welfare-improving tax scheme, equilibrium selection in coordination games, an application to the diffusion of behavior on networks, and the extension to multi-action games.(c) 2022 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
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