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Inertia in strategy switching transforms the strategy evolution.

Authors :
Yanling Zhang
Feng Fu
Te Wu
Guangming Xie
Long Wang
Source :
Physical Review E: Statistical, Nonlinear & Soft Matter Physics. Dec2011, Vol. 84 Issue 6-2, p1-11. 11p.
Publication Year :
2011

Abstract

A recent experimental study [Traulsen et al., Proc. Natl. Acad. Sci. 107, 2962 (2010)] shows that human strategy updating involves both direct payoff comparison and the cost of switching strategy, which is equivalent to inertia. However, it remains largely unclear how such a predisposed inertia affects 2x2 games in a well-mixed population of finite size. To address this issue, the "inertia bonus" (strategy switching cost) is added to the learner payoff in the Fermi process. We find how inertia quantitatively shapes the stationary distribution and that stochastic stability under inertia exhibits three regimes, with each covering seven regions in the plane spanned by two inertia parameters. We also obtain the extended "1/3" rule with inertia and the speed criterion with inertia; these two findings hold for a population above two. We illustrate the above results in the framework of the Prisoner's Dilemma game. As inertia varies, two intriguing stationary distributions emerge: the probability of coexistence state is maximized, or those of two full states are simultaneously peaked. Our results may provide useful insights into how the inertia of changing status quo acts on the strategy evolution and, in particular, the evolution of cooperation. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
15393755
Volume :
84
Issue :
6-2
Database :
Academic Search Index
Journal :
Physical Review E: Statistical, Nonlinear & Soft Matter Physics
Publication Type :
Academic Journal
Accession number :
70871018
Full Text :
https://doi.org/10.1103/PhysRevE.84.066103