Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 148-161 |
| Number of pages | 14 |
| Journal | Games and Economic Behavior |
| Volume | 151 |
| DOIs | |
| State | Published - May 2025 |
Bibliographical note
Publisher Copyright:© 2025 Elsevier Inc.
Keywords
- Best experienced payoff dynamics
- Chicken game
- Evolutionary stability
- Hawk–Dove Game
- Learning