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Evolutionary Games and Equilibrium Selection

by Larry Samuelson

  • ISBN: 9780262692199
  • ISBN10: 0262692198

Evolutionary Games and Equilibrium Selection

by Larry Samuelson

  • List Price: $34.00
  • Binding: Paperback
  • Publisher: Mit Pr
  • Publish date: 10/01/1998
  • ISBN: 9780262692199
  • ISBN10: 0262692198
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Description: 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 non-cooperative games. After an overview of the basic issues of game theory and a presentation of the basic models, the book goes on to discuss evolutionary stability, the dynamics of sample paths, the ultimatum game, drift, noise, backward and forward induction, and strict Nash equilibria.

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Seller: Hippo Books
Location: Toledo, OH
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Noticeably used book. Text is legible but may be soiled and have binding
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Noticeably used book. Text is legible but may be soiled and have binding
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Seller: Apollo Books
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Trade PB. 8vo. The MIT Press. 1998. 328 pgs. Wrappers lightly worn with some
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Trade PB. 8vo. The MIT Press. 1998. 328 pgs. Wrappers lightly worn with some
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Seller: Bananafish Books
Location: New Holland, PA
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Very good copy with shelfwear and some creasing to cover.
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Very good copy with shelfwear and some creasing to cover.
Seller: Libribelli
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Trade paperback (US). Glued binding. 328 p. Contains: Illustrations. Economic Learning & Social Evolution. Audience: General/trade.
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Trade paperback (US). Glued binding. 328 p. Contains: Illustrations. Economic Learning & Social Evolution. Audience: General/trade.
Seller: One Stop Shop Bookstore
Location: Memphis, TN
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