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Evolutionary Games and Local Dynamics

Author

Listed:
  • Philippe Uyttendaele

    (Department of Knowledge Engineering, Maastricht University, P. O. Box 616, 6200 MD Maastricht, The Netherlands)

  • Frank Thuijsman

    (Department of Knowledge Engineering, Maastricht University, P. O. Box 616, 6200 MD Maastricht, The Netherlands)

Abstract

In this paper, we examine several options for modeling local interactions within the framework of evolutionary game theory. Several examples show that there is a major difference between population dynamics using local dynamics versus global dynamics. Moreover, different modeling choices may lead to very diverse results.

Suggested Citation

  • Philippe Uyttendaele & Frank Thuijsman, 2015. "Evolutionary Games and Local Dynamics," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 17(02), pages 1-11.
    • Handle: RePEc:wsi:igtrxx:v:17:y:2015:i:02:n:s0219198915400162
    DOI: 10.1142/S0219198915400162
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    Keywords

    Evolutionary games; replicator dynamics; local interactions; 91A22;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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