Evolution, dynamics, and fixed points
Joosten, Reinoud (1995). Evolution, dynamics, and fixed points. UNU-MERIT Research Memoranda. UNU-MERIT.
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Sub-type Working paper Author Joosten, Reinoud Title Evolution, dynamics, and fixed points Series Title UNU-MERIT Research Memoranda Volume/Issue No. 6 Publication Date 1995 Publisher UNU-MERIT Language eng Abstract Sign-compatible dynamics describe changes in the composition of a population driven by differences in fitness. A saturated equilibrium is a fixed point for sign-compatible dynamics where each subgroup with positive population share has highest fitness. An evolutionary stable equilibrium is a saturated equilibrium attracting all trajectories nearby, such that the Euclidean distance to it decreases monotonically. We address existence, multiplicity, and dynamical stability of fixed points of sign-compatible dynamics. A saturated equilibrium may be approximated by using a variable dimension restart algorithm for solving the nonlinear complementarity problem. Keyword Sign-compatible population dynamics
Saturated equilibrium
Evolutionary stable equilibrium
Dynamic stability
Nonlinear complementarity problemJEL C62
C68
C72
C73Copyright Year 1995 Copyright type All rights reserved -
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