Control costs and potential for spatial games

Control costs and potential for spatial games

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Article ID: iaor20051501
Country: Germany
Volume: 31
Issue: 4
Start Page Number: 541
End Page Number: 561
Publication Date: Jan 2002
Journal: International Journal of Game Theory
Authors: , , ,
Abstract:

Van Damme and Weibull model the noise in games as endogenously determined tremble probabilities, by assuming that with some effort players can control the probability of implementing the intended strategy. Following their methodology, we derive logit-like adjustment rules for games played on quasi-symmetric weighted graphs and explore the properties of the ensuing Markov chain.

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