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Evolutionary Game Theory

Evolutionary Game Theory

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"This book is a timely one in the rapidly growing area of evolutionary game theory applied to economics. . . . Students and researchers alike will be delighted by its thorough analysis of many standard examples and their generalizations. Research in the theory of evolutionary games by economists has exploded. . . while that by biologists has leveled off. The author has achieved an excellent balance between describing the biological foundations of the theory while constantly justifying and explaining the resultant concepts from a more rationalistic and/or economic perspective." -- Ross Cressman, Mathematical Reviews

This text introduces current evolutionary game theory--where ideas from evolutionary biology and rationalistic economics meet--emphasizing the links between static and dynamic approaches and noncooperative game theory. The author provides an overview of the developments that have taken place in this branch of game theory, discusses the mathematical tools needed to understand the area, describes both the motivation and intuition for the concepts involved, and explains why and how the theory is relevant to economics.