Evolutionary Games and the Replicator Dynamics

Name: Evolutionary Games and the Replicator Dynamics
Brand: Cambridge University Press
SKU: 9781009472326
Price: 3250 KES
Availability: OutOfStock
ISBN: 9781009472326

by Onésimo Hernández-Lerma , Saul Mendoza-Palacios

Book Details

Format Paperback / softback

Book Series Elements in Evolutionary Economics

ISBN-10 1009472321

ISBN-13 9781009472326

Publisher Cambridge University Press

Imprint Cambridge University Press

Country of Manufacture GB

Country of Publication GB

Publication Date Jun 6th, 2024

Print length 100 Pages

Weight 160 grams

Dimensions 15.10 x 22.90 x 0.80 cms

Product Classification: Economics

KSh 3,250.00

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This Element introduces the replicator dynamics for symmetric and asymmetric games where the strategy sets are metric spaces. The authors provide conditions to approximate the replicator dynamics on a space of measures by means of a finite-dimensional dynamical system and a sequence of measure-valued Markov processes.

This Element introduces the replicator dynamics for symmetric and asymmetric games where the strategy sets are metric spaces. Under this hypothesis the replicator dynamics evolves in a Banach space of finite signed measures. The authors provide a general framework to study the stability of the replicator dynamics for evolutionary games in this Banach space. This allows them to establish a relation between Nash equilibria and the stability of the replicator for normal a form games applicable to oligopoly models, theory of international trade, public good models, the tragedy of commons, and War of attrition game among others. They also provide conditions to approximate the replicator dynamics on a space of measures by means of a finite-dimensional dynamical system and a sequence of measure-valued Markov processes.

Get Evolutionary Games and the Replicator Dynamics by Onésimo Hernández-Lerma, Saul Mendoza-Palacios at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Cambridge University Press and it has 100 pages.