31 research outputs found

    Negative externalities and evolutionary implementation

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    game theory;externalities

    Pigouvian pricing and stochastic evolutionary implementation

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    pricing;game theory

    Potential games with continuous player sets

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    game theory

    Evolutionary implementation and congestion pricing

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    game theory;pricing

    Cultural integration and its discontents

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    social integrationculture

    The projection dynamic, the replicator dynamic and the geometry of population games

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    Every population game defines a vector field on the set of strategy distributions X. The projection dynamic maps each population game to a new vector field: namely, the one closest to the payoff vector field among those that never point outward from X. We investigate the geometric underpinnings of the projection dynamic, describe its basic game-theoretic properties, and establish a number of close connections between the projection dynamic and the replicator dynamic

    Markov evolution with inexact information

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    stochastic processes;game theory;information
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