Article ID Journal Published Year Pages File Type
5072935 Games and Economic Behavior 2007 9 Pages PDF
Abstract

We derive some simple formulas for limiting stationary distributions for models of stochastic evolution in two-strategy population games. As an application of these formulas, we investigate the robustness of equilibrium selection results to the assumption that the level of noise in agents' choice rules is vanishingly small.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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