Stochastic Replicator Dynamics
نویسندگان
چکیده
This article studies the replicator dynamics in the presence of shocks. I show that under these dynamics, strategies that do not survive the iterated deletion of strictly dominated strategies are eliminated in the long run, even in the presence of nonvanishing perturbations. I also give an example that shows that the stochastic dynamics in this article have equilibrium selection properties that differ from other dynamics in the literature.
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تاریخ انتشار 2000