کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5099028 1376979 2009 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Stochastic adaptation in finite games played by heterogeneous populations
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات کنترل و بهینه سازی
پیش نمایش صفحه اول مقاله
Stochastic adaptation in finite games played by heterogeneous populations
چکیده انگلیسی
We analyze stochastic adaptation in finite n-player games played by heterogeneous populations containing best repliers, better repliers, and imitators. Individuals select strategies by applying a personal learning rule to a sample from a finite history of past play. We give sufficient conditions for convergence to minimal closed sets under better replies and selection of a Pareto dominant such set. Finally, we demonstrate that the stochastically stable states are sensitive to the sample size by showing convergence to the risk-dominant equilibrium for sufficiently small sample size and to the Pareto-dominant equilibrium for sufficiently large sample size in 2×2 coordination games.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 33, Issue 8, August 2009, Pages 1543-1554
نویسندگان
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