Games, graphs and Kirchhoff laws
György Szabó,
István Borsos and
Edit Szombati
Physica A: Statistical Mechanics and its Applications, 2019, vol. 521, issue C, 416-423
Abstract:
Evolutionary potential games represent a set of biological and ecological models equivalent to multiparticle physical systems for a suitable dynamical rule. In these systems the pair interaction is described by a payoff matrix of two-player games possessing a wider class of interactions. Potential games satisfy criteria related to the Kirchhoff laws and have pure Nash equilibria. Using the bi-matrix formalism of game theory we show a simple method for checking the existence of potential which is related to the absence of cyclic components. It will be shown that potential exists if the game is orthogonal to a suitable set of cycling elementary games resembling voluntary matching pennies games. Relationships among these cyclic components and consequences of player’s equivalence are also discussed.
Keywords: Potential games; Evolutionary games; Dynamical graphs (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:521:y:2019:i:c:p:416-423
DOI: 10.1016/j.physa.2019.01.071
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