Evolutionary Stability of Constant Consistent Conjectures

Alex Possajennikov ()

Game Theory and Information from EconWPA

Abstract: The paper shows that there is a close connection between (constant) consistent conjectures in a given game and evolutionary stability of conjectures. Evolutionarily stable conjectures are consistent and consistent conjectures are the only interior candidates for evolutionary stability.

Keywords: consistent conjectures; evolutionarily stable strategy; indirect evolution (search for similar items in EconPapers)
JEL-codes: C72 D43 L13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-evo
Date: 2004-05-17
Note: Type of Document - pdf; pages: 12
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpga:0405009

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