Evolutionary Games and Local Dynamics
Philippe Uyttendaele () and
Frank Thuijsman ()
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Philippe Uyttendaele: Department of Knowledge Engineering, Maastricht University, P. O. Box 616, 6200 MD Maastricht, The Netherlands
Frank Thuijsman: Department of Knowledge Engineering, Maastricht University, P. O. Box 616, 6200 MD Maastricht, The Netherlands
International Game Theory Review (IGTR), 2015, vol. 17, issue 02, 1-11
Abstract:
In this paper, we examine several options for modeling local interactions within the framework of evolutionary game theory. Several examples show that there is a major difference between population dynamics using local dynamics versus global dynamics. Moreover, different modeling choices may lead to very diverse results.
Keywords: Evolutionary games; replicator dynamics; local interactions; 91A22 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:igtrxx:v:17:y:2015:i:02:n:s0219198915400162
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DOI: 10.1142/S0219198915400162
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