Arbeitspapier

Stability of the Replicator Equation for a Single-Species with a Multi-Dimensional Continuous Trait Space

The replicator equation model for the evolution of individual behaviors in a single-species with a multi-dimensional continuous trait space is developed as a dynamics on the set of probability measures. Stability of monomorphisms in this model using the weak topology is compared to more traditional methods of adaptive dynamics. For quadratic fitness functions and initial normal trait distributions, it is shown that the multi-dimensional CSS (Continuously Stable Strategy) of adaptive dynamics is often relevant for predicting stability of the measure-theoretic model but may be too strong in general. For general fitness functions and trait distributions, the CSS is related to dominance solvability which can be used to characterize local stability for a large class of trait distributions that have no gaps in their supports whereas the stronger NIS (Neighborhood Invader Strategy) concept is needed if the supports are arbitrary.

Sprache
Englisch

Erschienen in
Series: Bonn Econ Discussion Papers ; No. 12/2005

Klassifikation
Wirtschaft
Thema
Adaptive dynamics
CSS
NIS
replicator equation
local superiority
strategy dominance
measure dynamics
weak topology

Ereignis
Geistige Schöpfung
(wer)
Cressman, Ross
Hofbauer, Josef
Riedel, Frank
Ereignis
Veröffentlichung
(wer)
University of Bonn, Bonn Graduate School of Economics (BGSE)
(wo)
Bonn
(wann)
2005

Handle
Letzte Aktualisierung
2025-03-10T11:44:28+0100

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cressman, Ross
  • Hofbauer, Josef
  • Riedel, Frank
  • University of Bonn, Bonn Graduate School of Economics (BGSE)

Entstanden

  • 2005

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