| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 884171 | Journal of Economic Behavior & Organization | 2009 | 9 Pages |
Abstract
In the general context of smooth two-player games, this paper shows that there is a close connection between (constant) consistent conjectures in a given game and the evolutionary stability of these conjectures. Evolutionarily stable conjectures are consistent and consistent conjectures are the only interior candidates to be evolutionarily stable. Examples are provided to illustrate the result.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Alex Possajennikov,