Fast convergence in evolutionary models: A Lyapunov approach

Evolutionary models in which N players are repeatedly matched to play a game have “fast convergence” to a set A if the models both reach A quickly and leave A slowly, where “quickly” and “slowly” refer to whether the expected hitting and exit times remain bounded when N tends to infinity. We provide...

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Bibliographic Details
Main Authors: Fudenberg, Drew, Imhof, Lorens A., Ellison, Glenn David
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: 2019
Online Access:http://hdl.handle.net/1721.1/119847
https://orcid.org/0000-0003-3164-0855