In a semi-aggregative representation of a game, the payoff of a player depends on a player's own strategy and on a personalized aggregate of all players' strategies. Suppose that each player has a conjecture about the reaction of the personalized aggregate to a change in the player's own strategy. The players play an equilibrium given their conjectures, and evolution selects conjectures that lead to a higher payoff in such an equilibrium. Considering one player role, I show that for any conjectures of the other players, only conjectures that are consistent can be evolutionarily stable, where consistency means that the conjecture is, to a first approximation, correct at equilibrium. I illustrate this result in public good games and contests
Abstract We provide a generalized de…nition of evolutionary stability of heritable types in arbitrar...
We provide a generalized definition of evolutionary stability of heritable types in arbitrarily larg...
The object of game theory is to choose a strategy that will resolve conflicts, with the highest payo...
In a semi-aggregative representation of a game, the payoff of a player depends on a player's own str...
In the general context of smooth two-player games, this paper shows that there is a close connection...
Suppose that in symmetric aggregative games, in which payoffs depend only on a player's strategy and...
Daniel Seidmann, Kala Krishna, Bouwe Dijkstra, and two anonymous referees for useful comments. 1 In ...
In this paper we model the evolution of conjectures in an economy consisting of a large number of fi...
We study the evolutionary selection of conjectures in duopoly games when players have other regardin...
In a (generalized) symmetric aggregative game, payoffs depend only on individual strategy and an agg...
We apply stochastic stability to undiscounted finitely repeated two player games without common inte...
Adopting an evolutionary approach, we explain the conjectural variations Þrms may hold in duopoly. G...
This article explores the relationship between uniqueness and stability in differentiable regular ga...
Evolutionary dynamics in evolutionary games as well as in evolution-ary algorithms imply de–facto sp...
In evolutionary game theory, evolutionarily stable states are characterised by the folk theorem beca...
Abstract We provide a generalized de…nition of evolutionary stability of heritable types in arbitrar...
We provide a generalized definition of evolutionary stability of heritable types in arbitrarily larg...
The object of game theory is to choose a strategy that will resolve conflicts, with the highest payo...
In a semi-aggregative representation of a game, the payoff of a player depends on a player's own str...
In the general context of smooth two-player games, this paper shows that there is a close connection...
Suppose that in symmetric aggregative games, in which payoffs depend only on a player's strategy and...
Daniel Seidmann, Kala Krishna, Bouwe Dijkstra, and two anonymous referees for useful comments. 1 In ...
In this paper we model the evolution of conjectures in an economy consisting of a large number of fi...
We study the evolutionary selection of conjectures in duopoly games when players have other regardin...
In a (generalized) symmetric aggregative game, payoffs depend only on individual strategy and an agg...
We apply stochastic stability to undiscounted finitely repeated two player games without common inte...
Adopting an evolutionary approach, we explain the conjectural variations Þrms may hold in duopoly. G...
This article explores the relationship between uniqueness and stability in differentiable regular ga...
Evolutionary dynamics in evolutionary games as well as in evolution-ary algorithms imply de–facto sp...
In evolutionary game theory, evolutionarily stable states are characterised by the folk theorem beca...
Abstract We provide a generalized de…nition of evolutionary stability of heritable types in arbitrar...
We provide a generalized definition of evolutionary stability of heritable types in arbitrarily larg...
The object of game theory is to choose a strategy that will resolve conflicts, with the highest payo...