Evolution, Games, and Economic Behaviour

evol Game Econ Behav P

By: Fernando VegaRedondo

Write A Review

eText | 26 September 1996 | Edition Number 1

At a Glance

Format
PDF

eText

$86.76

or 4 interest-free payments of $21.69 with

Instant online reading in your Booktopia eTextbook Library *

Why choose an eTextbook?

Instant Access *

Purchase and read your book immediately

Read Aloud

Listen and follow along as Bookshelf reads to you

Study Tools

Built-in study tools like highlights and more

* eTextbooks are not downloadable to your eReader or an app and can be accessed via web browsers only. You must be connected to the internet and have no technical issues with your device or browser that could prevent the eTextbook from operating.

This textbook for advanced undergraduate and postgraduate students of Evolutionary Game Theory covers recent developments in the field, with an emphasis on economic contexts and applications. It begind with the basic ideas as they originated within the field of theoretical biology and thenproceeds to the formulation of a theoretical framework that is suitable for the study of social and economic phenomena from an evolutionary perspective. Core topics include the Evolutionary Stable Strategy (EES) and Replicator Dynamics (RD), deterministic dynamic models, and stochasticperturbations. A set of short appendices presents some of the technical material referred to in the main text. Evolutionary theory is widely viewed as one of the most promising appraoches to understanding bounded rationality, learning, and change in complex social environments. New avenues of research are suggested by Vega-Redondo, and plentiful examples illustrate the theory's potential applications. Therecent boom experienced by this discipline makes the book's systematic presentation of its essential contributions vital reading for any newcomer to the field.