Time average replicator and best-reply dynamics

Time average replicator and best-reply dynamics

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Article ID: iaor200968813
Country: United States
Volume: 34
Issue: 2
Start Page Number: 263
End Page Number: 269
Publication Date: May 2009
Journal: Mathematics of Operations Research
Authors: , ,
Abstract:

Using an explicit representation in terms of the logit map, we show, in a unilateral framework, that the time average of the replicator dynamics is a perturbed solution of the best-reply dynamics.

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