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Evolutionary Stability in the Traveler's Dilemma

Authors :
Barker, Andrew T.
Source :
College Mathematics Journal. Jan 2009 40(1):33-38.
Publication Year :
2009

Abstract

The traveler's dilemma is a generalization of the prisoner's dilemma which shows clearly a paradox of game theory. In the traveler's dilemma, the strategy chosen by analysis and theory seems obviously wrong intuitively. Here we develop a measure of evolutionary stability and show that the evolutionarily stable equilibrium is in some sense not very stable. Understanding evolutionary stability on a continuum instead of as a yes-or-no definition helps to explain and partially resolve the paradox in the traveler's dilemma.

Details

Language :
English
ISSN :
0746-8342
Volume :
40
Issue :
1
Database :
ERIC
Journal :
College Mathematics Journal
Publication Type :
Academic Journal
Accession number :
EJ862211
Document Type :
Journal Articles<br />Reports - Descriptive