Template-Type: ReDIF-Paper 1.0
Title: On the Dynamic Foundation of Evolutionary Stability in Continuous Models
Author-Name: Jörg Oechssler
Author-Name: Frank Riedel
Classification-JEL: C70, C72
Keywords: replicator dynamics, evolutionary stability, ESS, CSS
Abstract: We show in this paper that none of the existing static evolutionary
	stability concepts (ESS, CSS, uninvadability, NIS) is sufficient to
	guarantee dynamic stability in the weak topology with respect to standard
	evolutionary dynamics if the strategy space is continuous. We propose a new
	concept, evolutionary robustness, which is stronger than the previous
	concepts. Evolutionary robustness ensures dynamic stability for replicator
	dynamics in doubly symmetric games.
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Creation-Date: 2000-07
Revision-Date: 
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse7_2000.pdf
File-Format: application/pdf
Handle: RePEc:bon:bonedp:bgse7_2000