کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
956926 928498 2012 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Stochastic imitative game dynamics with committed agents
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Stochastic imitative game dynamics with committed agents
چکیده انگلیسی

We consider models of stochastic evolution in two-strategy games in which agents employ imitative decision rules. We introduce committed agents: for each strategy, we suppose that there is at least one agent who plays that strategy without fail. We show that unlike the standard imitative model, the model with committed agents generates unambiguous infinite horizon predictions: the asymptotics of the stationary distribution do not depend on the order in which the mutation rate and population size are taken to their limits.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 147, Issue 5, September 2012, Pages 2056–2071
نویسندگان
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