Evolution, Games, and Economic Behaviour

Evolution, Games, and Economic Behaviour

EnglishHardbackPrint on demand
Oxford University Press
EAN: 9780198774730
Print on demand
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This textbook for advanced undergraduate and postgraduate students of Evolutionary Game Theory covers recent developments in the field, with an emphasis on economic contexts and applications. It begins with the basic ideas as they originated within the field of theoretical biology and then proceeds to the formulation of a theoretical framework that is suitable for the study of social and economic phenomena from an evolutionary perspective. Core topics include the Evolutionary Stable Strategy (EES) and Replicator Dynamics (RD), deterministic dynamic models, and stochastic perturbations. A set of short appendices presents some of the technical material referred to in the main text. Evolutionary theory is widely viewed as one of the most promising appraoches to understanding bounded rationality, learning, and change in complex social environments. New avenues of research are suggested by Vega-Redondo, and plentiful exmples illustrate the theory's potential applications. The recent boom experienced by this dscipline makes the book's systematic presentation of its essential contributions vital reading for newcomer to the field.
EAN 9780198774730
ISBN 0198774737
Binding Hardback
Publisher Oxford University Press
Publication date September 26, 1996
Pages 220
Language English
Dimensions 244 x 163 x 21
Country United Kingdom
Illustrations line figures, tables
Editors Vega-Redondo Fernando