4.2 Article

On the dynamic foundation of evolutionary stability in continuous models

期刊

JOURNAL OF ECONOMIC THEORY
卷 107, 期 2, 页码 223-252

出版社

ACADEMIC PRESS INC ELSEVIER SCIENCE
DOI: 10.1006/jeth.2001.2950

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replicator dynamics; evolutionary stability; ESS; CSS

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We show in this paper that none of the existing static evolutionary stability concepts (ESS, CSS, uninvadability, NIS) is sufficient to guarantee dynamic stability in the weak topology with respect to standard evolutionary dynamics if the strategy space is continuous. We propose a new concept, evolutionary robustness, which is stronger than the previous concepts. Evolutionary robustness ensures dynamic stability for replicator dynamics in doubly symmetric games. (C) 2002 Elsevier Science (USA).

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