Evolutionary Game Theory

Author/creator Weibull, Jörgen W. Author
Format Electronic
EditionReprint
Publication InfoCambridge : MIT Press
Description265 p. ill 09.000 x 06.000 in.
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

Summary Annotation This text introduces current evolutionary game theory -- where ideas fromevolutionary biology and rationalistic economics meet -- emphasizing the links between static anddynamic approaches and noncooperative game theory. Much of the text is devoted to the key conceptsof evolutionary stability and replicator dynamics. The former highlights the role of mutations andthe latter the mechanisms of selection. Moreover, set-valued static and dynamic stability concepts,as well as processes of social evolution, are discussed. Separate background chapters are devoted tononcooperative game theory and the theory of ordinary differential equations. There are examplesthroughout as well as individual chapter summaries.Because evolutionary game theory is a fast-movingfield that is itself branching out and rapidly evolving, Jörgen Weibull has judiciously focused onclarifying and explaining core elements of the theory in an up-to-date, comprehensive, andself-contained treatment. The result is a text for second-year graduate students in economic theory,other social sciences, and evolutionary biology. The book goes beyond filling the gap between textsby Maynard-Smith and Hofbauer and Sigmund that are currently being used in the field.EvolutionaryGame Theory will also serve as an introduction for those embarking on research in this area as wellas a reference for those already familiar with the field. Weibull provides an overview of thedevelopments that have taken place in this branch of game theory, discusses the mathematical toolsneeded to understand the area, describes both the motivation and intuition for the conceptsinvolved, and explains why and how it is relevant to economics.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 94044425
ISBN9780262731218
ISBN0262731215 (Trade Paper) Active Record
Standard identifier# 9780262731218
Stock number0262731215 00015994

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