EconPapers    
Economics at your fingertips  
 

Replicator Dynamics with Frequency Dependent Stage Games

Esther Bruegger

Diskussionsschriften from Universitaet Bern, Departement Volkswirtschaft

Abstract: We analyze evolutionary games with replicator dynamics that have frequency dependent stage games. In such an evolutionary game, the payoffs of a strategy at any point in time are functions of the strategy shares given by the players' strategy choices at that time. This framework is suited to model feedback effects between population variables and individual incentives, indirect network effects, and behavior under social norms. We show that the replicator dynamics with frequency dependent stage games is well behaved, i.e. has unique solutions and is simplex invariant for all initial strategy states. Moreover, we present an extension of Liapunov's Theorem that facilitates the analysis of evolutionary equilibria for frequency dependent evolutionary games

Keywords: Replicator Dynamics; Frequency Dependent; State Dependent; Evolutionary Games; Liapunov (search for similar items in EconPapers)
JEL-codes: C73 (search for similar items in EconPapers)
Date: 2005-03
New Economics Papers: this item is included in nep-evo
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.vwl.unibe.ch/wp-content/uploads/papers/dp/dp0505.pdf (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: https://EconPapers.repec.org/RePEc:ube:dpvwib:dp0505

Access Statistics for this paper

More papers in Diskussionsschriften from Universitaet Bern, Departement Volkswirtschaft Contact information at EDIRC.
Bibliographic data for series maintained by Franz Koelliker ().

 
Page updated 2022-07-05
Handle: RePEc:ube:dpvwib:dp0505