Equilibrium selection with coupled populations in hawk–dove games: Theory and experiment in continuous time

Standard one- and two-population models for evolutionary games are the limit cases of a uniparametric family combining intra- and intergroup interactions. Our setup interpolates between both extremes with a coupling parameter κ. For the example of the hawk–dove game, we analyze the replicator dynami...

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Veröffentlicht in:Journal of economic theory 2016-09, Vol.165, p.472-486
Hauptverfasser: Benndorf, Volker, Martínez-Martínez, Ismael, Normann, Hans-Theo
Format: Artikel
Sprache:eng
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Zusammenfassung:Standard one- and two-population models for evolutionary games are the limit cases of a uniparametric family combining intra- and intergroup interactions. Our setup interpolates between both extremes with a coupling parameter κ. For the example of the hawk–dove game, we analyze the replicator dynamics of the coupled model. We confirm the existence of a bifurcation in the dynamics of the system and identify three regions for equilibrium selection, one of which does not appear in common one- and two-population models. We also design a continuous-time experiment, exploring the dynamics and the equilibrium selection. The data largely confirm the theory.
ISSN:0022-0531
1095-7235
DOI:10.1016/j.jet.2016.06.003