Best response dynamics on random graphs

Jordan Chellig, Calina Durbac and Nikolaos Fountoulakis

Games and Economic Behavior, 2022, vol. 131, issue C, 141-170

Abstract: We consider evolutionary games on a population whose underlying topology of interactions is determined by a binomial random graph G(n,p). Our focus is on 2-player symmetric games with 2 strategies played between the incident members of such a population. Players update their strategies synchronously: each player selects the strategy that is the best response to the current set of strategies its neighbours play. We show that such a system reduces to generalised majority and minority dynamics. We further show rapid convergence to unanimity for p in a range that depends on a certain characteristic of the payoff matrix. In the presence of a bias among the pure Nash equilibria, we determine a sharp threshold on p above which the largest connected component reaches unanimity with high probability. For p below this critical value, we identify those substructures inside the largest component that block unanimity.

Keywords: Random graphs; Evolutionary games; Unanimity (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:131:y:2022:i:c:p:141-170

DOI: 10.1016/j.geb.2021.11.003

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