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Evolutionary game theory

From Wikipedia, the free encyclopedia

Evolutionary game theory (EGT) is the application of population genetics-inspired models of change in gene frequency in populations to game theory. It differs from classical game theory by focusing on the dynamics of strategy change more than the properties of strategy equilibria. Despite its name, evolutionary game theory is practised more by economists than biologists.

The common methodology to study the evolutionary dynamics in games is through replicator equations. Replicator equations assume infinite populations, continuous time, complete mixing and that strategies breed true. The attractors (stable fixed points) of the equations are equivalent with evolutionarily stable states.

[edit] See also

[edit] References

  • Maynard Smith, J. (1982) Evolution and the Theory of Games.
  • P. Hammerstein and R. Selten, "Game theory and evolutionary biology", in Handbook of Game Theory with Economic Applications, R. J. Aumann and S. Hart, Eds. (Elsevier, Amsterdam, 1994), vol. 2, pp. 929-993
  • Hofbauer, J. and Sigmund, K. (1998) Evolutionary games and population dynamics, Cambridge University Press
  • Taylor, P. D. (1979). Evolutionarily Stable Strategies with Two Types of Players J. Appl. Prob. 16, 76-83.
  • Taylor, P. D., and Jonker, L. B. (1978). Evolutionarily Stable Strategies and Game Dynamics Math. Biosci. 40, 145-156.
  • Weibull, J. W. (1995) Evolutionary game theory, MIT Press

[edit] External links


Topics in population genetics
v  d  e
Key concepts: Hardy-Weinberg law | genetic linkage | linkage disequilibrium | Fisher's fundamental theorem | neutral theory
Selection: natural | sexual | artificial | ecological
Effects of selection on genomic variation: genetic hitchhiking | background selection
Genetic drift: small population size | population bottleneck | founder effect | coalescence
Founders: R.A. Fisher | J. B. S. Haldane | Sewall Wright
Related topics: evolution | microevolution | evolutionary game theory | fitness landscape | genetic genealogy
List of evolutionary biology topics


 view  Topics in game theory

Definitions

Normal form game · Extensive form game · Cooperative game · Information set · Preference

Equilibrium concepts

Nash equilibrium · Subgame perfection · Bayes-Nash · Trembling hand · Proper equilibrium · Epsilon-equilibrium · Correlated equilibrium · Sequential equilibrium · Quasi-perfect equilibrium · ESS · Risk dominance

Strategies

Dominant strategies · Mixed strategy · Tit for tat · Grim trigger

Classes of games

Symmetric game · Perfect information · Dynamic game · Repeated game · Signaling game · Cheap talk · Zero-sum game · Mechanism design

Games

Prisoner's dilemma · Coordination game · Chicken · Battle of the sexes · Stag hunt · Matching pennies · Ultimatum game · Minority game · Rock, Paper, Scissors · Pirate game · Dictator game · Public goods game · Nash bargaining game

Theorems

Minimax theorem · Purification theorems · Folk theorem · Revelation principle · Arrow's Theorem

Related topics

Mathematics · Economics · Behavioral economics · Evolutionary game theory · Population genetics · Behavioral ecology · Adaptive dynamics · List of game theorists

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