Berger, U. and Hofbauer, J. (2004) Irrational behavior in the Brown - von Neuman - Nash dynamics. (ELSE Working Papers 109). ESRC Centre for Economic Learning and Social Evolution: London, UK.
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Abstract
We present a class of games with a pure strategy being strictly dominated by an- other pure strategy such that the former survives along solutions of the Brown - von Neumann - Nash dynamics from an open set of initial conditions.
| Type: | Working / discussion paper |
|---|---|
| Title: | Irrational behavior in the Brown - von Neuman - Nash dynamics |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://else.econ.ucl.ac.uk/newweb/papers.php |
| Language: | English |
| Keywords: | JEL classification: C72. Nash map, BNN dynamics, dominated strategies |
| UCL classification: | UCL > School of BEAMS > Faculty of Maths and Physical Sciences > Mathematics |
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