TY - JOUR
T1 - Stable mixing in Hawk–Dove Games under best experienced payoff dynamics
AU - Arigapudi, Srinivas
AU - Heller, Yuval
N1 - Publisher Copyright:
© 2025 Elsevier Inc.
PY - 2025/5
Y1 - 2025/5
N2 - The hawk–dove game admits two types of equilibria: an asymmetric pure equilibrium, in which players in one population play “hawk” and players in the other population play “dove,” and a symmetric mixed equilibrium, in which hawks are frequently matched against each other. The existing literature shows that when two populations of agents are randomly matched to play the hawk–dove game, then there is convergence to one of the pure equilibria from almost any initial state. By contrast, we show that plausible dynamics, in which agents occasionally revise their actions based on the payoffs obtained in a few trials, often give rise to the opposite result: convergence to one of the interior stationary states.
AB - The hawk–dove game admits two types of equilibria: an asymmetric pure equilibrium, in which players in one population play “hawk” and players in the other population play “dove,” and a symmetric mixed equilibrium, in which hawks are frequently matched against each other. The existing literature shows that when two populations of agents are randomly matched to play the hawk–dove game, then there is convergence to one of the pure equilibria from almost any initial state. By contrast, we show that plausible dynamics, in which agents occasionally revise their actions based on the payoffs obtained in a few trials, often give rise to the opposite result: convergence to one of the interior stationary states.
KW - Best experienced payoff dynamics
KW - Chicken game
KW - Evolutionary stability
KW - Hawk–Dove Game
KW - Learning
UR - http://www.scopus.com/inward/record.url?scp=105001364584&partnerID=8YFLogxK
U2 - 10.1016/j.geb.2025.03.003
DO - 10.1016/j.geb.2025.03.003
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AN - SCOPUS:105001364584
SN - 0899-8256
VL - 151
SP - 148
EP - 161
JO - Games and Economic Behavior
JF - Games and Economic Behavior
ER -