Global Analysis of an Expectations Augmented Evolutionary Dynamics

We consider a deterministic evolutionary model where players form expectations about future play. Players are not fully rational and have expectations that change over time in response to current payoffs and feedback from the past. We provide a complete characterization of the qualitative dynamics s...

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Bibliographic Details
Main Authors: ANTOCI, Angelo, GAY, Antonio, LANDI, Massimiliano, SACCO, Pier Luigi
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2007
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Online Access:https://ink.library.smu.edu.sg/soe_research/1080
https://ink.library.smu.edu.sg/context/soe_research/article/2079/viewcontent/Learning_JEDC_2nd_SMU.pdf
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Institution: Singapore Management University
Language: English