Article ID Journal Published Year Pages File Type
1895636 Chaos, Solitons & Fractals 2013 6 Pages PDF
Abstract
We consider population games in which players are motivated in their choice of strategies by payoffs, popularity and transcendent factors. The dynamics of players is governed by balance conservation equations, with attractiveness driven strategy choice. We demonstrate that the increase of the attractiveness of strategy does not necessarily lead to the increase of its frequency in the population in the long run. In particular we discover the existence of limit cycles in the Iterated Prisoner's Dilemma and in the Rock-Paper-Scissors games in such populations.
Related Topics
Physical Sciences and Engineering Physics and Astronomy Statistical and Nonlinear Physics
Authors
, ,