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Fending off one Means Fending off all: Evolutionary Stability in Submodular Games (new title: Fending off one means fending off all: evolutionary stability in quasi-submodular aggregative games)

Wolfgang Leininger

No 1266, CESifo Working Paper Series from CESifo

Abstract: The implications of evolutionarily stable behavior in finite populations have recently been explored for a variety of aggregative games. This note proves an intimate relationship between submodularity and global evolutionary stability of strategies for these games, which -apart from being of independent interest - accounts for a number of results obtained in the recent literature: we show that any evolutionarily stable strategy (ESS) of a submodular aggregative game must also be globally stable. I.e. if one mutant cannot successfully invade a population, any number of mutants can even less do so.

Date: 2004
New Economics Papers: this item is included in nep-evo and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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