EconPapers    
Economics at your fingertips  
 

Evolutionary Games and Matching Rules

Martin Jensen () and Alexandros Rigos

No 2017:11, Working Papers from Lund University, Department of Economics

Abstract: This study considers evolutionary games with non-uniformly random matching when interaction occurs in groups of n >= 2 individuals using pure strategies from a finite strategy set. In such models, groups with different compositions of individuals generally co-exist and the reproductive success (fitness) of a specific strategy varies with the frequencies of different group types. These frequencies crucially depend on the matching process. For arbitrary matching processes (called matching rules), we study Nash equilibrium and ESS in the associated population game and show that several results that are known to hold for population games under uniform random matching carry through to our setting. In our most novel contribution, we derive results on the efficiency of the Nash equilibria of population games and show that for any (fixed) payoff structure, there always exists some matching rule leading to average fitness maximization. Finally, we provide a series of applications to commonly studied normal-form games.

Keywords: evolutionary game theory; evolutionarily stable strategy; ESS; non-uniformly random matching (search for similar items in EconPapers)
JEL-codes: C72 C73 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2017-09-28, Revised 2018-03-06
New Economics Papers: this item is included in nep-evo, nep-gth, nep-hpe and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
http://project.nek.lu.se/publications/workpap/papers/wp17_11.pdf (application/pdf)

Related works:
Journal Article: Evolutionary games and matching rules (2018) Downloads
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: https://EconPapers.repec.org/RePEc:hhs:lunewp:2017_011

Access Statistics for this paper

More papers in Working Papers from Lund University, Department of Economics Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund,Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by David Edgerton ().

 
Page updated 2021-02-20
Handle: RePEc:hhs:lunewp:2017_011