Irrelevance of the Strategic Variable in the Case of Relative Performance Maximization

Author:

Philipowski Robert1

Affiliation:

1. Debeka Lebensversicherungsverein a. G., 56058Koblenz, Germany

Abstract

AbstractWe study games with two possibilities for the strategic variable and find that contrary to the Nash equilibrium the evolutionarily stable equilibrium – provided it uniquely exists – does not depend on which possibility is chosen. Our result generalizes recent findings of Satoh, Tanaka and Wagener who studied this issue in various special cases.

Publisher

Walter de Gruyter GmbH

Subject

General Economics, Econometrics and Finance

Reference46 articles.

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3. Comparative Statics for Aggregative Games: The Strong Concavity Case;Mathematical Social Sciences,1994

4. The Logic of Animal Conflict;Nature,1973

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