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Title:Attractive evolutionary equilibria PDF Logo
Authors:Roorda, Berend
Joosten, Reinoud
Issue Date:2011
Series/Report no.:Papers on economics and evolution 1117
Abstract:We present attractiveness, a refinement criterion for evolutionary equilibria. Equilibria surviving this criterion are robust to small perturbations of the underlying payoff system or the dynamics at hand. Furthermore, certain attractive equilibria are equivalent to others for certain evolutionary dynamics. For instance, each attractive evolutionarily stable strategy is an attractive evolutionarily stable equilibrium for certain barycentric ray-projection dynamics, and vice versa.
Subjects:attractive evolutionary equilibria
evolutionary dynamics
evolutionary
dynamic and structural stability
JEL:C62
C72
C73
Document Type:Working Paper
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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