Stochastic Evolution with Slow Learning.
This paper studies the extent to which diusion approximations provide a reliable guide to equilibrium selection results in nite games. It is shown that they do for a class of nite games with weak learning provided that limits are taken in a certain order. The paper also shows that making mutation ra...
Päätekijä: | |
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Aineistotyyppi: | Working paper |
Kieli: | English |
Julkaistu: |
Department of Economics (University of Oxford)
2000
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