Evolutionary Selection in Normal-Form Games

  • Ritzberger K
  • Weibull J
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Abstract

This paper investigates stability properties of evolutionary selection dynamics in normal-form games. The analysis is focused on deterministic dynamics in continuous time and on asymptotic stability of sets of population states, more precisely of faces of the mixed-strategy space. The main result is a characterization of those faces which are asymptotically stable in all dynamics from a certain class, and we show that every such face contains an essential component of the set of Nash equilibria, and hence a strategically stable set in the sense of Kohlberg and Mertens (1986)

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Ritzberger, K., & Weibull, J. W. (1995). Evolutionary Selection in Normal-Form Games. Econometrica, 63(6), 1371. https://doi.org/10.2307/2171774

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