Scandinavian Working Papers in Economics
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Department of Economics, Lund University Working Papers, Department of Economics, Lund University

No 2005:37:
Evolutionary Dynamics and a Refinement of the Neutral Stability Criterion

Pär Torstensson

Abstract: We introduce two refinements of the neutral stability criterion, namely the ascending and the eroding neutrally stable strategies (NSS). These criteria take into account how well the NSS preform against all pure strategies in symmetric two-player games. We also present a dynamic model which supports the refinements.

Keywords: Evolutionary dynamics; Neutrally stable strategies; ascending NSS; Eroding NSS.; (follow links to similar papers)

JEL-Codes: C73; (follow links to similar papers)

23 pages, May 10, 2005

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