Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/77504
Authors: 
Ferrer-Alós, Carlos
Netzer, Nick
Year of Publication: 
2012
Series/Report no.: 
Working Paper Series, Department of Economics, University of Zurich 63
Abstract: 
A strategy profile of a game is called robustly stochastically stable if it is stochastically stable for a given behavioral model independently of the specification of revision opportunities and tie-breaking assumptions in the dynamics. We provide a simple radius-coradius result for robust stochastic stability and examine several applications. For the logit-response dynamics, the selection of potential maximizers is robust for the subclass of supermodular N-player binary-action games. For the mistakes model, robust selection results obtain for best-reply dynamics in the same class of games under the weaker condition of strategic complementarity. Further, both the selection of risk-dominant strategies in coordination games under best-reply and the selection of Walrasian strategies in aggregative games under imitation are robust.
Subjects: 
learning in games
stochastic stability
radius-coradius theorems
logit-response dynamics
mutations
imitation
JEL: 
C72
D83
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
491.66 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.