Equilibrium transitions in finite populations of players

Details Equilibrium transitions in finite populations of players Equilibrium transitions in finite populations of players

2004-12-20

arxiv.org/abs/q-bio/0412038v1

Biology

Quantitative Biology

Populations and Evolution

8 pages

Scientific paper

We discuss stochastic dynamics of finite populations of individuals playing games. We review recent results concerning the dependence of the long-run behavior of such systems on the number of players and the noise level. In the case of two-player games with two symmetric Nash equilibria, when the number of players increases, the population undergoes multiple transitions between its equilibria.

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