Equilibrium selection and the dynamic evolution of preferences.
A population of fully rational agents plays a symmetric 2-player game in biological fitnesses, but each agent's play is determined by his payoffs, which are free to evolve according to "survival of the fittest" pressures. An equilibrium-selection mechanism is assumed to exist, and del...
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| Formaat: | Journal article |
| Taal: | English |
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Elsevier
2012
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