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Probabilistic equilibria for evolutionarily stable strategies
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http://hdl.handle.net/1860/1834
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| Title: | Probabilistic equilibria for evolutionarily stable strategies |
| Authors: | McCain, Roger A. |
| Issue Date: | Feb-2007 |
| Publisher: | Cambridge University Press |
| Citation: | Behavioral and Brain Sciences, 30(1): pp. 34-36. |
| Abstract: | This comment suggest that an equilibrium framework may be retained, in an evolutionary model such as Gintis’ and with far more realistic results, if rationality is relaxed in a slightly different way than he proposes: decisions are assumed to be related to rewards probabilistically, rather than with certainty. This relaxed concept of rationality gives rise to probabilistic equilibria. |
| URI: | http://hdl.handle.net/1860/1834 |
| Appears in Collections: | Faculty Research and Publications (Economics & International Business)
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