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Selection games in Economics

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  • Pu-yan Nie

Abstract

A model of stochastic evolutionary game dynamics, based on selection in finite populations, is recently proposed by Taylor et al. (2004) and it is successful to explain some phenomena in biology. We now extend this model to the economic field. Some corresponding results are also obtained and some economic phenomena are rationally explained.

Suggested Citation

  • Pu-yan Nie, 2007. "Selection games in Economics," Applied Economics Letters, Taylor & Francis Journals, vol. 14(3), pages 223-225.
    • Handle: RePEc:taf:apeclt:v:14:y:2007:i:3:p:223-225
    DOI: 10.1080/13504850500425865
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    Cited by:

    1. Nie, Pu-yan & Wang, Chan & Chen, Zi-yue & Chen, You-hua, 2018. "A theoretic analysis of key person insurance," Economic Modelling, Elsevier, vol. 71(C), pages 272-278.
    2. Nie, Pu-yan, 2009. "Commitment for storable goods under vertical integration," Economic Modelling, Elsevier, vol. 26(2), pages 414-417, March.

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