Evolutionary selection against dominated strategies
Article Abstract:
Convex monotonicity is necessary in removing strictly dominated pure strategies in the definition of evolutionary selection dynamics in game theory. It is most effective in cases where the growth rate of each strategy is determined by a function of its payoff. This may be attributed to a principle in evolutionary dynamics on the elimination of iteratively strictly dominated strategies.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1996
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Equilibrium in beliefs under uncertainty
Article Abstract:
The subjective expected utility model developed by Savage has been widely used in studying human decision making under uncertainty. This model can be further improved using a variation of the Nash Equilibrium in normal form games. In the improved model, the beliefs of the players are represented by a closed and convex set of probability measures similar to the Gilboa-Schmeidler model.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1996
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Testing threats in repeated games
Article Abstract:
Solutions to test opponent's strategy in repeated games are examined.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2005
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