Long-run behavior of games with many players

Details Long-run behavior of games with many players Long-run behavior of games with many players

2004-09-29

arxiv.org/abs/cond-mat/0409742v1

Physics

Condensed Matter

Statistical Mechanics

21 pages, to appear in Markov Processes and Related Fields, in Proceedings of the workshop "Inhomogeneous random systems, inte

Scientific paper

We discuss similarities and differencies between systems of many interacting players maximizing their individual payoffs and particles minimizing their interaction energy. We analyze long-run behavior of stochastic dynamics of many interacting agents in spatial and adaptive population games. We review results concerning the effect of the number of players and the noise level on the stochastic stability of Nash equilibria. In particular, we present examples of games in which when the number of players or the noise level increases, a population undergoes a transition between its equilibria.

Affiliated with

Also associated with

No associations

Rating

Long-run behavior of games with many players does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Long-run behavior of games with many players, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Long-run behavior of games with many players will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-23474