Skip to main content Accessibility help
×
Hostname: page-component-76fb5796d-wq484 Total loading time: 0 Render date: 2024-04-30T01:47:09.657Z Has data issue: false hasContentIssue false

8 - Other game dynamics

Published online by Cambridge University Press:  05 June 2012

Josef Hofbauer
Affiliation:
Universität Wien, Austria
Karl Sigmund
Affiliation:
Universität Wien, Austria
Get access

Summary

Many of the properties of the replicator equation are valid for other game dynamics which may serve, for instance, to model imitation processes. We describe a large class of game dynamics that eliminate pure strategies which are iteratively strictly dominated, and discuss some instances of the best-reply dynamics motivated by fictitious play. We show that no reasonable dynamics can converge to equilibrium for all games.

Imitation dynamics

The replicator dynamics mimics the effect of natural selection (although it blissfully disregards the complexities of sexual reproduction). In the context of games played in human societies, however, the spreading of successful strategies is more likely to occur through imitation than through inheritance. How should we model this imitation processes?

Let us start with symmetric games defined by an n × n payoff matrix A, and assume that the pure strategies R1 to Rn are adopted by a (large) population of players with frequencies xi(t) at time t, so that the state is given, at any instant, by a point xSn. Strategy Ri then earns (Ax)i = ∑ aijxj a s expected payoff, and the average payoff in the population is given by x · Ax. We shall suppose that occasionally a player is picked out of the population and afforded the opportunity to change his strategy. He samples another player at random and adopts his strategy with a certain probability.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 1998

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Other game dynamics
  • Josef Hofbauer, Universität Wien, Austria, Karl Sigmund, Universität Wien, Austria
  • Book: Evolutionary Games and Population Dynamics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9781139173179.012
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Other game dynamics
  • Josef Hofbauer, Universität Wien, Austria, Karl Sigmund, Universität Wien, Austria
  • Book: Evolutionary Games and Population Dynamics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9781139173179.012
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Other game dynamics
  • Josef Hofbauer, Universität Wien, Austria, Karl Sigmund, Universität Wien, Austria
  • Book: Evolutionary Games and Population Dynamics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9781139173179.012
Available formats
×