On the Equivalence of Nash and Evolutionary Equilibrium in Finite Populations
Burkhard Hehenkamp () and
Alex Possajennikov ()
Additional contact information
Tobias Guse: Department of Economics and Social Sciences, University of Dortmund
No 2008-06, Discussion Papers from The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham
This paper provides sufficient and partially necessary conditions for the equivalence of Nash and evolutionary equilibrium in symmetric games played by finite populations. The focus is on symmetric equilibria in pure strategies. The conditions are based on properties of the payoff function that generalize the constant-sum property and the ”smallness” property, the latter of which is known from models of perfect competition and non-atomic, anonymous, or large games. The conditions are illustrated on examples of Bertrand and Cournot oligopoly games.
Keywords: Nash equilibrium; Evolutionary stability; Finite populations (search for similar items in EconPapers)
JEL-codes: C72 C73 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-evo, nep-gth and nep-mic
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Journal Article: On the equivalence of Nash and evolutionary equilibrium in finite populations (2010)
Working Paper: On the Equivalence of Nash and Evolutionary Equilibrium in Finite Populations (2009)
Working Paper: On the Equivalence of Nash and Evolutionary Equilibrium in Finite Populations (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cdx:dpaper:2008-06
Access Statistics for this paper
More papers in Discussion Papers from The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham Contact information at EDIRC.
Bibliographic data for series maintained by Suzanne Robey ().