作者:KANDORI, M; MAILATH, GJ; ROB, R
作者单位:Princeton University; University of Pennsylvania
摘要:We analyze an evolutionary model with a finite number of players and with noise or mutations. The expansion and contraction of strategies is linked-as usual-to their current relative success, but mutations-which perturb the system away from its deterministic evolution-are present as well. Mutations can occur in every period, so the focus is on the implications of ongoing mutations, not a one-shot mutation. The effect of these mutations is to drastically reduce the set of equilibria to what we ...
作者:SHERMAN, RP
摘要:Han's maximum rank correlation (MRC) estimator is shown to be square-root n-consistent and asymptotically normal. The proof rests on a general method for determining the asymptotic distribution of a maximization estimator, a simple U-statistic decomposition, and a uniform bound for degenerate U-processes. A consistent estimator of the asymptotic covariance matrix is provided, along with a result giving the explicit form of this matrix for any model within the scope of the MRC estimator. The la...