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
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 849
- Classification
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Wirtschaft
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
- Subject
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replicator dynamics
imitation
evolution of cooperation
information transmission
simulation
Imitationswettbewerb
Lernprozeß
Gefangenendilemma
Evolutionäre Spieltheorie
Theorie
- Event
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Geistige Schöpfung
- (who)
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Schnedler, Wendelin
- Event
-
Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
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Bonn
- (when)
-
2003
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Schnedler, Wendelin
- Institute for the Study of Labor (IZA)
Time of origin
- 2003