Coordination and evolutionary dynamics: When are evolutionary models reliable?
成果类型:
Article
署名作者:
Stephenson, Daniel
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2018.10.002
发表日期:
2019
页码:
381-395
关键词:
Evolutionary game theory
Sign preservation
experiment
COORDINATION
STABILITY
Attacker defender
摘要:
This study reports a continuous-time experimental test of evolutionary models in coordinated attacker-defender games. It implements three experimental treatment conditions: one with strong coordination incentives, one with weak coordination incentives, and one with zero coordination incentives. Each treatment exhibits identical equilibrium predictions but distinct evolutionary predictions. Observed behavior was tightly clustered around equilibrium under both the zero coordination treatment and the weak coordination treatment but widely dispersed from equilibrium under the strong coordination treatment. This result was anticipated by explicitly dynamic models but not by conventional stability criteria. In contrast to the widely maintained assumption of sign-preservation, subjects frequently switched to lower earning strategies, suggesting that non-sign-preserving evolutionary models may provide a more accurate characterization of human behavior. (C) 2018 The Author. Published by Elsevier Inc.