Article ID Journal Published Year Pages File Type
9469893 Journal of Theoretical Biology 2005 7 Pages PDF
Abstract
We discuss stochastic dynamics of populations of individuals playing games. Our models possess two evolutionarily stable strategies: an efficient one, where a population is in a state with the maximal payoff (fitness) and a risk-dominant one, where players are averse to risks. We assume that individuals play with randomly chosen opponents (they do not play against average strategies as in the standard replicator dynamics). We show that the long-run behavior of a population depends on its size and the mutation level.
Related Topics
Life Sciences Agricultural and Biological Sciences Agricultural and Biological Sciences (General)
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