Publication | Open Access
The replicator equation and other game dynamics
294
Citations
42
References
2014
Year
Simultaneous GameEvolutionary Game TheoryRepeated GameNon-cooperative Game TheoryGame TheorySymmetric GamesAdaptive DynamicsBusinessReplicator EquationComputational Game TheoryGamesMechanism DesignStability
The replicator equation is the first and most important game dynamics studied in connection with evolutionary game theory. It was originally developed for symmetric games with finitely many strategies. Properties of these dynamics are briefly summarized for this case, including the convergence to and stability of the Nash equilibria and evolutionarily stable strategies. The theory is then extended to other game dynamics for symmetric games (e.g., the best response dynamics and adaptive dynamics) and illustrated by examples taken from the literature. It is also extended to multiplayer, population, and asymmetric games.
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