Evolutionary game theory

From Wikipedia, the free encyclopedia

Jump to: navigation, search

Evolutionary game theory (EGT) is the application of population genetics-inspired models of change in gene frequency in populations to game theory. It differs from classical game theory by focusing on the dynamics of strategy change more than the properties of strategy equilibria. Despite its name, evolutionary game theory is practised more by economists than biologists.

The common methodology to study the evolutionary dynamics in games is through replicator equations. Replicator equations assume infinite populations, continuous time, complete mixing and that strategies breed true. The attractors (stable fixed points) of the equations are equivalent with evolutionarily stable states.

[edit] See also

[edit] References

  • Maynard Smith, J. (1982) Evolution and the Theory of Games.
  • P. Hammerstein and R. Selten, "Game theory and evolutionary biology", in Handbook of Game Theory with Economic Applications, R. J. Aumann and S. Hart, Eds. (Elsevier, Amsterdam, 1994), vol. 2, pp. 929-993
  • Hofbauer, J. and Sigmund, K. (1998) Evolutionary games and population dynamics, Cambridge University Press
  • Taylor, P. D. (1979). Evolutionarily Stable Strategies with Two Types of Players J. Appl. Prob. 16, 76-83.
  • Taylor, P. D., and Jonker, L. B. (1978). Evolutionarily Stable Strategies and Game Dynamics Math. Biosci. 40, 145-156.
  • Weibull, J. W. (1995) Evolutionary game theory, MIT Press

[edit] External links


 view  Topics in game theory

Definitions

Normal form game · Extensive form game · Cooperative game · Information set · Preference

Equilibrium concepts

Nash equilibrium · Subgame perfection · Bayesian-Nash · Perfect Bayesian · Trembling hand · Proper equilibrium · Epsilon-equilibrium · Correlated equilibrium · Sequential equilibrium · Quasi-perfect equilibrium · Evolutionarily stable strategy · Risk dominance

Strategies

Dominant strategies · Pure strategy · Mixed strategy · Tit for tat · Grim trigger · Collusion

Classes of games

Symmetric game · Perfect information · Dynamic game · Repeated game · Signaling game · Cheap talk · Zero-sum game · Mechanism design · Stochastic game · Nontransitive game

Games

Prisoner's dilemma · Traveler's dilemma · Coordination game · Chicken · Volunteer's dilemma · Dollar auction · Battle of the sexes · Stag hunt · Matching pennies · Ultimatum game · Minority game · Rock, Paper, Scissors · Pirate game · Dictator game · Public goods game · Nash bargaining game · Blotto games  · War of attrition

Theorems

Minimax theorem · Purification theorems · Folk theorem · Revelation principle · Arrow's theorem

de:Evolutionäre Spieltheorie

es:Teoría evolutiva de juegos it:Teoria dei giochi (evoluzione) ja:進化ゲーム zh:进化博弈理论

Views
Personal tools

Toolbox