Evolutionary selection against iteratively weakly dominated strategies

B-Tier
Journal: Games and Economic Behavior
Year: 2019
Volume: 117
Issue: C
Pages: 82-97

Authors (2)

Bernergård, Axel (not in RePEc) Mohlin, Erik (Lunds Universitet)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper provides sufficient conditions under which regular payoff monotonic evolutionary dynamics (a class of imitative dynamics that includes the replicator dynamic) select against strategies that do not survive a sequence of iterated elimination of weakly dominated strategies. We apply these conditions to Bertrand duopolies and first-price auctions. Our conditions also imply evolutionary selection against iteratively strictly dominated strategies.

Technical Details

RePEc Handle
repec:eee:gamebe:v:117:y:2019:i:c:p:82-97
Journal Field
Theory
Author Count
2
Added to Database
2026-01-26