Cycles versus equilibrium in evolutionary games.
Mixed-strategy equilibria are typically rather unstable in evolutionary game theory. "Monocyclic" games, such as Rock-Paper-Scissors, have only mixed equilibria, some of which are "stable" in the sense that sequential best replies lead to them; yet, even these games are prone to...
Main Author: | |
---|---|
Format: | Journal article |
Language: | English |
Published: |
Springer
2010
|