Perfect foresight dynamics in games with linear incentives and time symmetry

Abstract

This paper investigates absorption and global accessibility under perfect foresight dynamics in games with linear incentives. An action distribution in the society is absorbing if there is no equilibrium path escaping from the distribution, and globally accessible if, from every initial distribution, there exists an equilibrium path which converges to the… (More)
DOI: 10.1007/s00182-007-0101-6

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