Article ID Journal Published Year Pages File Type
9953072 Mathematical Social Sciences 2018 46 Pages PDF
Abstract
In this study, we investigate a discrete-time version of logit dynamics, as applied to the rock-paper-scissors (RPS) game. First, we show that around the Nash equilibrium point, an attracting closed invariant curve appears due to the Neimark-Sacker bifurcation. Next, near the resonance point, we find a period-three attracting cycle, which can be thought of as a counterpart to the cyclically stable set in the RPS game with best response dynamics. Moreover, we show that the cycle can coexist with an attracting closed invariant curve, a period-three saddle cycle, and the attracting or repelling Nash equilibrium point. Finally, we use the codimension-two bifurcation theory to specify the set of heteroclinic bifurcations that destroy the coexistence of the attractors.
Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
Authors
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