9780262731218-0262731215-Evolutionary Game Theory (The MIT Press)

Evolutionary Game Theory (The MIT Press)

ISBN-13: 9780262731218
ISBN-10: 0262731215
Edition: First Paperback
Author: Jorgen W. Weibull
Publication date: 1997
Publisher: The MIT Press
Format: Paperback 265 pages
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Book details

ISBN-13: 9780262731218
ISBN-10: 0262731215
Edition: First Paperback
Author: Jorgen W. Weibull
Publication date: 1997
Publisher: The MIT Press
Format: Paperback 265 pages

Summary

Acknowledged author Jorgen W. Weibull wrote Evolutionary Game Theory (The MIT Press) comprising 265 pages back in 1997. Textbook and eTextbook are published under ISBN 0262731215 and 9780262731218. Since then Evolutionary Game Theory (The MIT Press) textbook was available to sell back to BooksRun online for the top buyback price or rent at the marketplace.

Description

Introduces current evolutionary game theory―where ideas from evolutionary biology and rationalistic economics meet―emphasizing the links between static and dynamic approaches and noncooperative game theory.

This text introduces current evolutionary game theory―where ideas from evolutionary biology and rationalistic economics meet―emphasizing the links between static and dynamic approaches and noncooperative game theory. Much of the text is devoted to the key concepts of evolutionary stability and replicator dynamics. The former highlights the role of mutations and the latter the mechanisms of selection. Moreover, set-valued static and dynamic stability concepts, as well as processes of social evolution, are discussed. Separate background chapters are devoted to noncooperative game theory and the theory of ordinary differential equations. There are examples throughout as well as individual chapter summaries.

Because evolutionary game theory is a fast-moving field that is itself branching out and rapidly evolving, Jörgen Weibull has judiciously focused on clarifying and explaining core elements of the theory in an up-to-date, comprehensive, and self-contained treatment. The result is a text for second-year graduate students in economic theory, other social sciences, and evolutionary biology. The book goes beyond filling the gap between texts by Maynard-Smith and Hofbauer and Sigmund that are currently being used in the field.

Evolutionary Game Theory will also serve as an introduction for those embarking on research in this area as well as a reference for those already familiar with the field. Weibull provides an overview of the developments that have taken place in this branch of game theory, discusses the mathematical tools needed to understand the area, describes both the motivation and intuition for the concepts involved, and explains why and how it is relevant to economics.

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