Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/97216 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
Center for Mathematical Economics Working Papers No. 506
Verlag: 
Bielefeld University, Center for Mathematical Economics (IMW), Bielefeld
Zusammenfassung: 
We describe the large deviations properties, stationary distribution asymptotics, and stochastically stable states of stochastic evolutionary processes based on the logit choice rule, focusing on behavior in the small noise double limit. These aspects of the stochastic evolutionary process can be characterized in terms of solutions to certain minimum cost path problems. We solve these problems explicitly using tools from optimal control theory. The analysis focuses on three-strategy coordination games that satisfy the marginal bandwagon property and that have an interior equilibrium, but our approach can be applied to other classes of games and other choice rules.
Dokumentart: 
Working Paper

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