New Course
Concept
Evolutionary Game Theory
Summary
Evolutionary Game Theory
extends
classical game theory
by incorporating concepts from
evolutionary biology
, focusing on the
dynamics of strategy change
in
populations over time
. It models how
strategies evolve
based on their
success or failure
, often without the need for
rational decision-making
, leading to the emergence of
stable strategy distributions
known as
Evolutionarily Stable Strategies
(ESS).
Relevant Degrees
Operational Research 100%
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