Evolutionary Dynamics And Extensive Form Games
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Evolutionary Dynamics and Extensive Form Games
Author | : Ross Cressman |
Publisher | : MIT Press |
Total Pages | : 346 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780262033053 |
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Evolutionary game theory attempts to predict individual behavior (whether of humans or other species) when interactions between individuals are modeled as a noncooperative game. Most dynamic analyses of evolutionary games are based on their normal forms, despite the fact that many interesting games are specified more naturally through their extensive forms. Because every extensive form game has a normal form representation, some theorists hold that the best way to analyze an extensive form game is simply to ignore the extensive form structure and study the game in its normal form representation. This book rejects that suggestion, arguing that a game's normal form representation often omits essential information from the perspective of dynamic evolutionary game theory.
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