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An overview of evolutionary game theory (egt), its origins in biology, and its applications in various fields such as economics, sociology, anthropology, and philosophy. Egt is a theoretical framework that combines game theory and evolutionary dynamics to understand the emergence and stability of strategies in populations. Key concepts like the replicator equations, evolutionarily stable strategies (ess), and the hawk-dove game, as well as maynard smith's shifts from classical game theory.
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Patrick Roos
Department of Computer Science Universities of Maryland
CMSC 828N, Game Theory - Spring 2009
Origin in Biology
Maynard Smith’s shifts from Classical GT
(Chicken Game if C > G)
G = Payoff from food, C = Cost of injury
A strategy is evolutionarily stable if no other strategy can invade it under the influence of natural selection. We say a strategy μ can invade a population of σ if Fμ ≥ Fσ.
Strategy σ is an evolutionary stable strategy if, for all strategies μ 6 = σ, Wσσ ≥ Wμσ
and if Wσσ = Wμσ, Wσμ > Wμμ
If we express evolutionary success as the difference between the fitness of a replicator (player or strategy in evolutionary game theory) and the average fitness in the population, we obtain the ODE: x^ ˙i = xi [ Fi ( x ) − θ( x )],
where x is a vector holding the proportions of all player types in the population, xi is the proportion of player type i in the population, x ˙i is the rate of change, Fi ( x ) is the average fitness of a player of type i (depending on the population make-up x ), and θ( x ) is the average fitness in the population.
Rest Points
If we have an n × n matrix U , such that Fi ( x ) = ( Ux ) i , then the replicator equation
x^ ˙i = xi [ Fi ( x ) − θ( x )],
takes the form x^ ˙i = xi [( Ux ) i − x · Ux ],
the rest points of which are the solutions of
( Ux ) 1 = ... = ( Ux ) n
Implication
Theorem If x ∗ is an evolutionarily stable strategy, then x ∗ is an evolutionary equilibrium of the replicator dynamic. Moreover, if x ∗ uses all strategies with positive probability, then σ is a globally stable fixed point.
Evolutionary equilibrium = asymptotically stable fixed point
Implications
Theorem Under replicator dynamic,