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Evolution, Games, and Economic Behaviour

Fernando Vega-Redondo


The book covers the modern developments in Evolutionary Game Theory, with an emphasis on economic contexts and applications. It begins with the basic ideas as they originated within the field of theoretical biology, focusing on the core notions of Evolutionarily Stable Strategy and Replicator Dynamics. Both the static and dynamic approaches of this biological literature are presented in detail, and the general analysis illustrated with numerous examples. It then proceeds to the formulation of a theoretical framework that is suitable for the study of social and economic phenomena from an evolut ... More

Keywords: dynamic games, evolution, innovation and invention, learning, non‐cooperative games, selection

Bibliographic Information

Print publication date: 1996 Print ISBN-13: 9780198774723
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0198774729.001.0001


Affiliations are at time of print publication.

Fernando Vega-Redondo, editor
University of Alicante
Author Webpage

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1 Introduction

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2 Static Analysis

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3 Basic Dynamic Analysis

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4 Evolution in Social Environments

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5 Stochastic Evolution

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6 Evolution, Expectations, and Drift

Fernando Vega‐Redondo