Interaction patterns and coordination in two population groups: A dynamic perspective
Yuchang He and
Chaos, Solitons & Fractals, 2021, vol. 142, issue C
We examine the influence of interaction patterns between different groups on the replicator dynamics of evolutionary coordination game. We show that: (1) Global coordination is always a possible solution in two-group coordination games; (2) There is no stable rest point within or on the axes of the phase plane F, i.e. within each population group, internal coordination is the only stable outcome at equilibrium; (3) If the interaction frequency exceeds a threshold value (p>1/2 in our model), a moderate wealth distribution ratio will always drive the system to converge at global coordination.
Keywords: Coordination game; Replicator dynamic; Interaction pattern (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:142:y:2021:i:c:s0960077920307748
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