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...

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Detalhes bibliográficos
Autor principal: Beggs, A
Formato: Working paper
Idioma:English
Publicado em: Department of Economics (University of Oxford) 2000