English, Article edition: DYNAMIC SELECTION IN NORMAL-FORM GAMES MARC MEERTENS; JOS POTTERS; HANS REIJNIERSE

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Bookmark: http://trove.nla.gov.au/version/144569
Physical Description
  • article
Language
  • English

Edition details

Title
  • DYNAMIC SELECTION IN NORMAL-FORM GAMES
Author
  • MARC MEERTENS
  • JOS POTTERS
  • HANS REIJNIERSE
Physical Description
  • article
Notes
  • This paper investigates a class of dynamic selection processes for n-person normal-form games which includes the Brown-von Neumann-Nash dynamics. For (two-person) zero-sum games and for (n-person) potential games every limit set of these dynamics is a subset of the set of Nash-equilibria. Furthermore, under these dynamics the unique Nash-component of a zero-sum game is minimal asymptotically stable and for a potential game a smoothly connected component which is a local maximizer is minimal asymptotically stable.
  • Dynamic selection process, limit set, stability, JEL Classification Number: C61, JEL Classification Number: C62, JEL Classification Number: C72
  • RePEc:wsi:igtrxx:v:08:y:2006:i:03:p:395-416
Language
  • English
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