Economics at your fingertips  

Sampling dynamics and stable mixing in hawk-dove games

Srinivas Arigapudi, Yuval Heller and Amnon Schreiber

Papers from

Abstract: The hawk-dove game admits two types of equilibria: an asymmetric pure equilibrium in which players in one population play hawk and players in the other population play dove, and an inefficient symmetric mixed equilibrium, in which hawks are frequently matched against each other. The existing literature shows that populations will converge to playing one of the pure equilibria from almost any initial state. By contrast, we show that plausible sampling dynamics, in which agents occasionally revise their actions by observing either opponents' behavior or payoffs in a few past interactions, can induce the opposite result: global convergence to one of the inefficient mixed stationary states.

Date: 2021-07, Revised 2022-06
New Economics Papers: this item is included in nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) Latest version (application/pdf)

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:

Access Statistics for this paper

More papers in Papers from
Bibliographic data for series maintained by arXiv administrators ().

Page updated 2022-07-30
Handle: RePEc:arx:papers:2107.08423