Template-Type: ReDIF-Paper 1.0
Title: Traits, Imitation, and Evolutionary Dynamics
Author-Name: Wendelin Schnedler
Author-Email: 
Classification-JEL: C73, D83
Keywords: replicator dynamics, imitation, evolution of cooperation, information transmission, simulation
Abstract:  In this article, a modelling framework for the information transmission between agents in an evolutionary game
	setting is proposed. Agents observe traits which reaect past and present behaviour and success of other agents. If 
	agents imitate more successful agents based on these traits, the resulting dynamics are a multivariate stochastic 
	process. An example for such a process is simulated. The results resemble the replicator dynamics to a remarkable 
	degree. If traits moderately depend on the past, this accelerates convergence of the dynamics towards a stable state. 
	If the dependence is strong, the stable state is not reached. 

Note: 
Length: 19
Creation-Date: 2003-07	
Revision-Date: 
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse15_2003.pdf
File-Format: application/pdf
Handle: RePEc:bon:bonedp:bgse15_2003