4 citations · 6 across the 9 of their papers we have counts for
6 papers · 1 filter
Game connectivity and adaptive dynamics in many-action games
Tom Johnston, Michael Savery, Alex Scott +1
We study the typical structure of games in terms of their connectivity properties. A game is `connected' if it has a pure Nash equilibrium and there is a best-response path from ev…
Economic dynamics with differential fertility
Francis Dennig, Bassel Tarbush
We characterize the outcomes of a canonical deterministic model for the intergenerational transmission of capital that features differential fertility. A fertility function determi…
On the existence of pure epsilon-equilibria
Bary S. R. Pradelski, Bassel Tarbush
Departing from optimizing behavior by any ensures the existence of stable outcomes in a broad class of many-agent games where utilities are drawn from a joint distribution. S…
Satisficing Equilibrium
Bary S. R. Pradelski, Bassel Tarbush
In a satisficing equilibrium each agent plays one of her top actions in response to the actions of the other agents. Our concept unifies models of bounded rationality and…
Game Connectivity and Adaptive Dynamics
Tom Johnston, Michael Savery, Alex Scott +1
We analyse the typical structure of games in terms of the connectivity properties of their best-response graphs. Our central result shows that, among games that are `generic' (with…
Best-response dynamics, playing sequences, and convergence to equilibrium in random games
Torsten Heinrich, Yoojin Jang, Luca Mungo +4
We analyze the performance of the best-response dynamic across all normal-form games using a random games approach. The playing sequence -- the order in which players update their…