4.8 Article

The replicator equation and other game dynamics

Publisher

NATL ACAD SCIENCES
DOI: 10.1073/pnas.1400823111

Keywords

Nash equilibrium; evolutionarily stable strategy (ESS); dynamic stability

Funding

  1. Natural Sciences and Engineering Research Council of Canada
  2. National Science Foundation of China [31270439]
  3. National Basic Research Program of China (973 Program) [2013CB945000]

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The replicator equation is the first and most important game dynamics studied in connection with evolutionary game theory. It was originally developed for symmetric games with finitely many strategies. Properties of these dynamics are briefly summarized for this case, including the convergence to and stability of the Nash equilibria and evolutionarily stable strategies. The theory is then extended to other game dynamics for symmetric games (e. g., the best response dynamics and adaptive dynamics) and illustrated by examples taken from the literature. It is also extended to multiplayer, population, and asymmetric games.

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