Evolutionary stability in games with continuous strategy space: Recent developments

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    Abstract

    The classical evolutionary game theory, pioneered by Maynard Smith and Price (1973), was initially developed in the context of uni-population games with discrete strategy space. Recently some progress has been made in extending the original idea of Maynard Smith and his collaborators into uni-population games with continuous strategy space (Apaloo, 1997; Christiansen, 1991; Cressman, 2006; Eshel, 1983). The current paper reviews them in a unifying framework, and provides some new theorems linking various concepts of evolutionary stability proposed by different authors.

    Original languageEnglish
    Pages (from-to)63-78
    Number of pages16
    JournalJournal of Economic Theory and Econometrics
    Volume23
    Issue number1
    Publication statusPublished - 2012 Mar

    Keywords

    • Continuous stability
    • Evolutionarily stable non-invader strategy
    • Local m-stability
    • Local superiority
    • Nash equilibrium
    • Uninvadability

    ASJC Scopus subject areas

    • Economics and Econometrics

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