Arbeitspapier

Traits, Imitation, and Evolutionary Dynamics

In this article, a modelling framework for the information transmission between agents in an evolutionary game setting is proposed. Agents observe traits which reflect past and present behaviour and success of other agents. If agents imitate more successful agents based on these traits, the resulting dynamics are a multivariate stochastic process. An example for such a process is simulated. The results resemble the replicator dynamics to a remarkable degree. If traits moderately depend on the past, this accelerates convergence of the dynamics towards a stable state. If the dependence is strong, the stable state is not reached.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 849

Classification
Wirtschaft
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
Subject
replicator dynamics
imitation
evolution of cooperation
information transmission
simulation
Imitationswettbewerb
Lernprozeß
Gefangenendilemma
Evolutionäre Spieltheorie
Theorie

Event
Geistige Schöpfung
(who)
Schnedler, Wendelin
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2003

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Schnedler, Wendelin
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2003

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