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ERIC Number: EJ862211
Record Type: Journal
Publication Date: 2009-Jan
Pages: 6
Abstractor: As Provided
Reference Count: 0
ISSN: ISSN-0746-8342
Evolutionary Stability in the Traveler's Dilemma
Barker, Andrew T.
College Mathematics Journal, v40 n1 p33-38 Jan 2009
The traveler's dilemma is a generalization of the prisoner's dilemma which shows clearly a paradox of game theory. In the traveler's dilemma, the strategy chosen by analysis and theory seems obviously wrong intuitively. Here we develop a measure of evolutionary stability and show that the evolutionarily stable equilibrium is in some sense not very stable. Understanding evolutionary stability on a continuum instead of as a yes-or-no definition helps to explain and partially resolve the paradox in the traveler's dilemma.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A