Irrelevance of the Strategic Variable in the Case of Relative Performance Maximization

Autor:	Robert Philipowski
Rok vydání:	2017
Předmět:	05 social sciences Stable equilibrium Maximization Evolutionarily stable strategy Variable (computer science) symbols.namesake Nash equilibrium 0502 economics and business Economics symbols 050207 economics General Economics Econometrics and Finance Mathematical economics 050205 econometrics
Zdroj:	The B.E. Journal of Theoretical Economics. 19
ISSN:	1935-1704
DOI:	10.1515/bejte-2017-0012
Popis:	We study games with two possibilities for the strategic variable and find that contrary to the Nash equilibrium the evolutionarily stable equilibrium – provided it uniquely exists – does not depend on which possibility is chosen. Our result generalizes recent findings of Satoh, Tanaka and Wagener who studied this issue in various special cases.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::b29bff650bdec8cfda4e918c8eeada5f https://doi.org/10.1515/bejte-2017-0012 Zobrazit plný text záznamu