TY - BOOK
T1 - Attractive evolutionary equilibria
AU - Joosten, Reinoud
AU - Roorda, Berend
PY - 2011/4/14
Y1 - 2011/4/14
N2 - We present attractiveness, a refinement criterion for evolutionary equilibria. Equilibria surviving this criterion are robust to small perturbations of the underlying payoff system or the dynamics at hand. Furthermore, certain attractive equilibria are equivalent to others for certain evolutionary dynamics. For instance, each attractive evolutionarily stable strategy is an attractive evolutionarily stable equilibrium for certain barycentric ray-projection dynamics, and vice versa.
AB - We present attractiveness, a refinement criterion for evolutionary equilibria. Equilibria surviving this criterion are robust to small perturbations of the underlying payoff system or the dynamics at hand. Furthermore, certain attractive equilibria are equivalent to others for certain evolutionary dynamics. For instance, each attractive evolutionarily stable strategy is an attractive evolutionarily stable equilibrium for certain barycentric ray-projection dynamics, and vice versa.
KW - Evolutionary dynamics
KW - Dynamic & structural stability
KW - Evolutionary
KW - Attractive evolutionary equilibria
M3 - Report
T3 - Papers on economics & evolution
BT - Attractive evolutionary equilibria
PB - Max Planck Institute of Economics
CY - Jena, Germany
ER -