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Irrational behavior in the Brown - von Neuman - Nash dynamics

Berger, U.; 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. Green open access

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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 > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences > Dept of Mathematics
URI: https://discovery.ucl.ac.uk/id/eprint/14574
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