PAYOFF NONMONOTONIC DYNAMICS IN AN EVOLUTIONARY GAME

Andrés Chacoma, Marcelo N. Kuperman and Damián H. Zanette
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Andrés Chacoma: Centro Atómico Bariloche (CNEA) and Instituto Balseiro, Consejo Nacional de Investigaciones Científicas y Técnicas, (8400) Bariloche, Río Negro, Argentina
Marcelo N. Kuperman: Centro Atómico Bariloche (CNEA) and Instituto Balseiro, Consejo Nacional de Investigaciones Científicas y Técnicas, (8400) Bariloche, Río Negro, Argentina
Damián H. Zanette: Centro Atómico Bariloche (CNEA) and Instituto Balseiro, Consejo Nacional de Investigaciones Científicas y Técnicas, (8400) Bariloche, Río Negro, Argentina

Advances in Complex Systems (ACS), 2016, vol. 19, issue 03, 1-12

Abstract: We propose an evolutionary game with dynamics rules derived from the consideration of field observations on human social behavior driven by self-confidence and social imitation. This dynamics turns out to be payoff nonmonotonic. The effects on the dynamics induced by this property are studied both numerically and analytically.

Keywords: Social and economic systems; decision theory and game theory (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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DOI: 10.1142/S0219525916500077

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