The evolution of awareness
Date
2017-12
Authors
Grant, Simon
Quiggin, John
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Publisher
Elsevier
Abstract
We consider an evolutionary approach to how awareness is determined in games where players are not necessarily aware of all possible strategies. We begin with the standard notion of evolutionarily stable equilibrium, in which potential players pursue a fixed strategy. This constitutes a minimal level of awareness, since players are not required to know anything about the game or to reason about their opponents. We then consider the introduction of players with greater awareness.
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Keywords
Unawareness, Bounded rationality, Evolutionarily stable equilibrium
Citation
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Source
Journal of Economic Psychology
Type
Journal article
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Restricted until
2037-12-31
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