Global analysis of an expectations augmented evolutionary dynamics

B-Tier
Journal: Journal of Economic Dynamics and Control
Year: 2008
Volume: 32
Issue: 12
Pages: 3877-3894

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

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

Abstract

We consider a deterministic evolutionary model where players form expectations about future play. Players are not fully rational and have expectations that change over time in response to current payoffs and feedback from the past. We provide a complete characterization of the qualitative dynamics so induced for a two strategy population game, and relate our findings to standard evolutionary dynamics and equilibrium selection when agents have rational forward looking expectations.

Technical Details

RePEc Handle
repec:eee:dyncon:v:32:y:2008:i:12:p:3877-3894
Journal Field
Macro
Author Count
4
Added to Database
2026-01-24