Robustness against indirect invasions
Matthijs van Veelen
Games and Economic Behavior, 2012, vol. 74, issue 1, 382-393
Abstract:
Games that have no evolutionarily stable strategy may very well have neutrally stable ones. (Neutrally stable strategies are also known as weakly evolutionarily stable strategies.) Such neutrally, but not evolutionarily stable strategies can however still be relatively stable or unstable, depending on whether or not the neutral mutants it allows for – which by definition do not have a selective advantage themselves – can open doors for other mutants that do have a selective advantage. This paper defines robustness against indirect invasions in order to be able to discern between those two very different situations. Being robust against indirect invasions turns out to be equivalent to being an element of a minimal ES set, where this minimal ES set is the set that consists of this strategy and its (indirect) neutral mutants. This is useful, because we know that ES sets are asymptotically stable in the replicator dynamics.
Keywords: Evolutionarily stable strategy; Neutrally stable strategy; Neutral mutant; Direct invasion; Indirect invasion; Robust against indirect invasions; Robust against equilibrium entrants; Evolutionarily stable set; Replicator dynamics; Asymptotically stable; Stochastic dynamics; Moran process; Fixation probability (search for similar items in EconPapers)
JEL-codes: C73 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0899825611000960
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:74:y:2012:i:1:p:382-393
DOI: 10.1016/j.geb.2011.05.010
Access Statistics for this article
Games and Economic Behavior is currently edited by E. Kalai
More articles in Games and Economic Behavior from Elsevier
Bibliographic data for series maintained by Catherine Liu ().