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Evolutionary Dynamics and Extensive Form Games

Evolutionary Dynamics and Extensive Form Games
Author: Ross Cressman
Publisher: MIT Press
Total Pages: 346
Release: 2003
Genre: Business & Economics
ISBN: 9780262033053
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Evolutionary game theory attempts to predict individual behavior (whether of humans or other species) when interactions between individuals are modeled as a noncooperative game. Most dynamic analyses of evolutionary games are based on their normal forms, despite the fact that many interesting games are specified more naturally through their extensive forms. Because every extensive form game has a normal form representation, some theorists hold that the best way to analyze an extensive form game is simply to ignore the extensive form structure and study the game in its normal form representation. This book rejects that suggestion, arguing that a game's normal form representation often omits essential information from the perspective of dynamic evolutionary game theory.

Evolutionary Games and Equilibrium Selection

Evolutionary Games and Equilibrium Selection
Author: Larry Samuelson
Publisher: MIT Press
Total Pages: 332
Release: 1997
Genre: Business & Economics
ISBN: 9780262692199
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The author examines the interplay between evolutionary game theory and the equilibrium selection problem in noncooperative games. Evolutionary game theory is one of the most active and rapidly growing areas of research in economics. Unlike traditional game theory models, which assume that all players are fully rational and have complete knowledge of details of the game, evolutionary models assume that people choose their strategies through a trial-and-error learning process in which they gradually discover that some strategies work better than others. In games that are repeated many times, low-payoff strategies tend to be weeded out, and an equilibrium may emerge. Larry Samuelson has been one of the main contributors to the evolutionary game theory literature. In Evolutionary Games and Equilibrium Selection, he examines the interplay between evolutionary game theory and the equilibrium selection problem in noncooperative games. After providing an overview of the basic issues of game theory and a presentation of the basic models, the book addresses evolutionary stability, the dynamics of sample paths, the ultimatum game, drift, noise, backward and forward induction, and strict Nash equilibria.

Evolutionary Game Dynamics

Evolutionary Game Dynamics
Author: American Mathematical Society. Short Course
Publisher: American Mathematical Soc.
Total Pages: 186
Release: 2011-10-27
Genre: Mathematics
ISBN: 0821853260
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This volume is based on lectures delivered at the 2011 AMS Short Course on Evolutionary Game Dynamics, held January 4-5, 2011 in New Orleans, Louisiana. Evolutionary game theory studies basic types of social interactions in populations of players. It combines the strategic viewpoint of classical game theory (independent rational players trying to outguess each other) with population dynamics (successful strategies increase their frequencies). A substantial part of the appeal of evolutionary game theory comes from its highly diverse applications such as social dilemmas, the evolution of language, or mating behaviour in animals. Moreover, its methods are becoming increasingly popular in computer science, engineering, and control theory. They help to design and control multi-agent systems, often with a large number of agents (for instance, when routing drivers over highway networks or data packets over the Internet). While these fields have traditionally used a top down approach by directly controlling the behaviour of each agent in the system, attention has recently turned to an indirect approach allowing the agents to function independently while providing incentives that lead them to behave in the desired way. Instead of the traditional assumption of equilibrium behaviour, researchers opt increasingly for the evolutionary paradigm and consider the dynamics of behaviour in populations of agents employing simple, myopic decision rules.

Encyclopedia of Complexity and Systems Science

Encyclopedia of Complexity and Systems Science
Author:
Publisher: Springer
Total Pages: 10398
Release: 2009-06-26
Genre: Science
ISBN: 9780387758886
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This encyclopedia provides an authoritative single source for understanding and applying the concepts of complexity theory together with the tools and measures for analyzing complex systems in all fields of science and engineering. It links fundamental concepts of mathematics and computational sciences to applications in the physical sciences, engineering, biomedicine, economics and the social sciences.

Symmetry and Collective Fluctuations in Evolutionary Games

Symmetry and Collective Fluctuations in Evolutionary Games
Author: Eric Smith
Publisher: Iop Expanding Physics
Total Pages: 0
Release: 2015
Genre: Science
ISBN: 9780750311380
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Evolutionary game theory has the potential to provide an integrated framework to model many aspects of evolution, development, and ecology. The reliable use of game models, however, requires an understanding of their behaviour when the number of players becomes very large, resulting in the emergence of thermodynamic limits. This behaviour is controlled by the symmetries that characterize the game, and the approach to the thermodynamic limit is governed by collective fluctuations in the actions of the players. In this book, the authors present methods to derive large-deviations limits for population processes, and apply these to game models illustrating the many roles of symmetry and collective fluctuations in evolutionary dynamics.

Evolutionary Game Theory

Evolutionary Game Theory
Author: Jörgen W. Weibull
Publisher: MIT Press
Total Pages: 292
Release: 1997
Genre: Business & Economics
ISBN: 9780262731218
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Introduces current evolutionary game theory--where ideas from evolutionary biology and rationalistic economics meet--emphasizing the links between static and dynamic approaches and noncooperative game theory. This text introduces current evolutionary game theory--where ideas from evolutionary biology and rationalistic economics meet--emphasizing the links between static and dynamic approaches and noncooperative game theory. Much of the text is devoted to the key concepts of evolutionary stability and replicator dynamics. The former highlights the role of mutations and the latter the mechanisms of selection. Moreover, set-valued static and dynamic stability concepts, as well as processes of social evolution, are discussed. Separate background chapters are devoted to noncooperative game theory and the theory of ordinary differential equations. There are examples throughout as well as individual chapter summaries. Because evolutionary game theory is a fast-moving field that is itself branching out and rapidly evolving, Jörgen Weibull has judiciously focused on clarifying and explaining core elements of the theory in an up-to-date, comprehensive, and self-contained treatment. The result is a text for second-year graduate students in economic theory, other social sciences, and evolutionary biology. The book goes beyond filling the gap between texts by Maynard-Smith and Hofbauer and Sigmund that are currently being used in the field. Evolutionary Game Theory will also serve as an introduction for those embarking on research in this area as well as a reference for those already familiar with the field. Weibull provides an overview of the developments that have taken place in this branch of game theory, discusses the mathematical tools needed to understand the area, describes both the motivation and intuition for the concepts involved, and explains why and how it is relevant to economics.

Game Theory Evolving

Game Theory Evolving
Author: Herbert Gintis
Publisher: Princeton University Press
Total Pages: 408
Release: 2009-01-26
Genre: Business & Economics
ISBN: 1400830079
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Since its original publication in 2000, Game Theory Evolving has been considered the best textbook on evolutionary game theory. This completely revised and updated second edition of Game Theory Evolving contains new material and shows students how to apply game theory to model human behavior in ways that reflect the special nature of sociality and individuality. The textbook continues its in-depth look at cooperation in teams, agent-based simulations, experimental economics, the evolution and diffusion of preferences, and the connection between biology and economics. Recognizing that students learn by doing, the textbook introduces principles through practice. Herbert Gintis exposes students to the techniques and applications of game theory through a wealth of sophisticated and surprisingly fun-to-solve problems involving human and animal behavior. The second edition includes solutions to the problems presented and information related to agent-based modeling. In addition, the textbook incorporates instruction in using mathematical software to solve complex problems. Game Theory Evolving is perfect for graduate and upper-level undergraduate economics students, and is a terrific introduction for ambitious do-it-yourselfers throughout the behavioral sciences. Revised and updated edition relevant for courses across disciplines Perfect for graduate and upper-level undergraduate economics courses Solutions to problems presented throughout Incorporates instruction in using computational software for complex problem solving Includes in-depth discussions of agent-based modeling

Population Games and Evolutionary Dynamics

Population Games and Evolutionary Dynamics
Author: William H. Sandholm
Publisher: MIT Press
Total Pages: 618
Release: 2010-12-17
Genre: Business & Economics
ISBN: 0262288613
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A systematic, rigorous, comprehensive, and unified overview of evolutionary game theory. This text offers a systematic, rigorous, and unified presentation of evolutionary game theory, covering the core developments of the theory from its inception in biology in the 1970s through recent advances. Evolutionary game theory, which studies the behavior of large populations of strategically interacting agents, is used by economists to make predictions in settings where traditional assumptions about agents' rationality and knowledge may not be justified. Recently, computer scientists, transportation scientists, engineers, and control theorists have also turned to evolutionary game theory, seeking tools for modeling dynamics in multiagent systems. Population Games and Evolutionary Dynamics provides a point of entry into the field for researchers and students in all of these disciplines. The text first considers population games, which provide a simple, powerful model for studying strategic interactions among large numbers of anonymous agents. It then studies the dynamics of behavior in these games. By introducing a general model of myopic strategy revision by individual agents, the text provides foundations for two distinct approaches to aggregate behavior dynamics: the deterministic approach, based on differential equations, and the stochastic approach, based on Markov processes. Key results on local stability, global convergence, stochastic stability, and nonconvergence are developed in detail. Ten substantial appendixes present the mathematical tools needed to work in evolutionary game theory, offering a practical introduction to the methods of dynamic modeling. Accompanying the text are more than 200 color illustrations of the mathematics and theoretical results; many were created using the Dynamo software suite, which is freely available on the author's Web site. Readers are encouraged to use Dynamo to run quick numerical experiments and to create publishable figures for their own research.

Handbook of Dynamic Game Theory

Handbook of Dynamic Game Theory
Author: Tamer Basar
Publisher:
Total Pages:
Release: 19??
Genre: Differential games
ISBN: 9783319273358
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Résumé : "This will be a two-part handbook on Dynamic Game Theory and part of the Springer Reference program. Part I will be on the fundamentals and theory of dynamic games. It will serve as a quick reference and a source of detailed exposure to topics in dynamic games for a broad community of researchers, educators, practitioners, and students. Each topic will be covered in 2-3 chapters with one introducing basic theory and the other one or two covering recent advances and/or special topics. Part II will be on applications in fields such as economics, management science, engineering, biology, and the social sciences."

Symmetry and Collective Fluctuations in Evolutionary Games

Symmetry and Collective Fluctuations in Evolutionary Games
Author: Eric Smith
Publisher:
Total Pages: 0
Release: 2015
Genre: Electronic books
ISBN: 9780750311397
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Evolutionary game theory has the potential to provide an integrated framework to model many aspects of evolution, development, and ecology. The reliable use of game models, however, requires an understanding of their behaviour when the number of players becomes very large, resulting in the emergence of thermodynamic limits. This behaviour is controlled by the symmetries that characterize the game, and the approach to the thermodynamic limit is governed by collective fluctuations in the actions of the players. In this book, the authors present methods to derive large-deviations limits for population processes, and apply these to game models illustrating the many roles of symmetry and collective fluctuations in evolutionary dynamics.