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November 1995 - Volume 63 Issue 6 Page 1371 - 1399


p.1371


Evolutionary Selection in Normal-Form Games

Klaus Ritzberger
Jorgen W. Weibull

Abstract

This paper investigates stability properties of evolutionary selection dynamics in normal-form games. The analysis is focused on deterministic dynamics in continuous time and on asymptotic stability of sets of population states, more precisely of faces of the mixed-strategy space. The main result is a characterization of those faces which are asymptotically stable in all dynamics from a certain class, and we show that every such face contains an essential component of the set of Nash equilibria, and hence a strategically stable set in the sense of Kohlberg and Mertens (1986).

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