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

Abstract

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 k. 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

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EconStor (ZBW Kiel)

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Last time updated on 23/08/2016

This paper was published in EconStor (ZBW Kiel).

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