Evolution and Game Theory
- (pp. 47-66)
AbstractResearch in noncooperative game theory has focused attention on two questions: Should we expect equilibrium play? If so, which of the multiple equilibria that arise in many games should we expect? This paper summarizes recent approaches to these questions that have been based on evolutionary models.
CitationSamuelson, Larry. 2002. "Evolution and Game Theory." Journal of Economic Perspectives, 16 (2): 47-66. DOI: 10.1257/0895330027256
- C70 Game Theory and Bargaining Theory: General
- B52 Current Heterodox Approaches: Institutional; Evolutionary
- C73 Stochastic and Dynamic Games; Evolutionary Games; Repeated Games