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Working Papers, Institute of Mathematical Economics, Universität Bielefeld >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/43757
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Louge, Fernando | | en_US |
| dc.date.accessioned | | 2010-11-29 | | en_US |
| dc.date.accessioned | | 2011-01-24T10:22:09Z | | - |
| dc.date.available | | 2011-01-24T10:22:09Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.pi | | urn:nbn:de:hbz:361-17302 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/43757 | | - |
| dc.description.abstract | | This paper considers a two-player game with a one-dimensional continuous strategy. We study the asymptotic stability of equilibria under the replicator dynamic when the support of the initial population is an interval. We find that, under strategic complementarities, Continuously Stable Strategy (CSS) have the desired convergence properties using an iterated dominance argument. For general games, however, CSS can be unstable even for populations that have a continuous support. We present a sufficient condition for convergence based on elimination of iteratively dominated strategies. This condition is more restrictive than CSS in general but equivalent in the case of strategic complementarities. Finally, we offer several economic applications of our results. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Inst. of Mathematical Economics, IMW Bielefeld | | en_US |
| dc.relation.ispartofseries | | Working papers // Institute of Mathematical Economics 436 | | en_US |
| dc.subject.jel | | C73 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Continuously Stable Strategy (CSS) | | en_US |
| dc.subject.keyword | | Evolutionary stability | | en_US |
| dc.subject.stw | | Evolutionäre Spieltheorie | | en_US |
| dc.subject.stw | | Gleichgewichtsstabilität | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | On the stability of CSS under the replicator dynamic | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 640697194 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Working Papers, Institute of Mathematical Economics, Universität Bielefeld
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