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Evolutionary Stability in the Traveler's Dilemma
- 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