2017
DOI: 10.1016/j.jtbi.2016.11.029
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Evolutionary stability for matrix games under time constraints

Abstract: Game theory focuses on payoffs and typically ignores time constraints that play an important role in evolutionary processes where the repetition of games can depend on the strategies, too. We introduce a matrix game under time constraints, where each pairwise interaction has two consequences: both players receive a payoff and they cannot play the next game for a specified time duration. Thus our model is defined by two matrices: a payoff matrix and an average time duration matrix. Maynard Smith's concept of ev… Show more

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Cited by 26 publications
(54 citation statements)
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“…Moreover, as shown by Garay et al (2017), the stationary distribution of the Markov process for fixed ε satisfies the system of equations…”
Section: Matrix Games Under Time Constraints and The Monomorphic Modelmentioning
confidence: 99%
See 4 more Smart Citations
“…Moreover, as shown by Garay et al (2017), the stationary distribution of the Markov process for fixed ε satisfies the system of equations…”
Section: Matrix Games Under Time Constraints and The Monomorphic Modelmentioning
confidence: 99%
“…Hence our time-constrained matrix game is characterized by two matrices, the intake matrix A = (a ij ) n×n , and the time constraint matrix T = (τ ij ) n×n . For individual fitness in this game, we follow Garay et al (2017) who assume a continuous time Markov model is used where a focal individual's time between encounters when active and the amount of time it is inactive are independent and exponentially distributed with prescribed mean. 2 For a large population in this situation, they show that the fitness of the focal individual is given by the quotient…”
Section: Matrix Games Under Time Constraints and The Monomorphic Modelmentioning
confidence: 99%
See 3 more Smart Citations