1. DISCRETIZED BEST-RESPONSE DYNAMICS FOR THE ROCK-PAPER-SCISSORS GAME.
- Author
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BEDNARIK, PETER and HOFBAUER, JOSEF
- Subjects
ROCK-paper-scissors (Game) ,DISCRETIZATION methods ,DIFFERENTIAL equations ,GAME theory ,DYNAMICAL systems ,GAMES of strategy (Mathematics) - Abstract
Discretizing a differential equation may change the qualitative behaviour drastically, even if the stepsize is small. We illustrate this by looking at the discretization of a piecewise continuous differential equation that models a population of agents playing the Rock-Paper-Scissors game. The globally asymptotically stable equilibrium of the differential equation turns, after discretization, into a repeller surrounded by an annulus shaped attracting region. In this region, more and more periodic orbits emerge as the discretization step approaches zero. [ABSTRACT FROM AUTHOR]
- Published
- 2017
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