From the monthly archives:

December 2003

A Multinomial Probit Model of Stochastic Evolution

December 31, 2003

by David P Myatt and Chris Wallace.
Download the Paper in PDF Format.
Journal of Economic Theory, 113 (2), pp. 286-301, December 2003.
Abstract: A strategy revision process in symmetric normal form games is proposed. Following Kandori et al. (Econometrica 61 (1993) 29), members of a population periodically revise their strategy choice, and choose a myopic best response to [...]

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