Evolutionary Game Theory

Evolutionary Game Theory (EGT) studies the behavioral dynamics of a population of players, engaged in repeated interactions. EGT uses biological principles like fitness and natural selection to determine the outcome of a repeatedly played game. Successful behaviors spread in the population by genetic reproduction, while strategies with lower fitness become extinct. In this way EGT can determine which behavior is evolutionary stable in a population and which can be invaded by a small group of individuals, playing an alternative strategy.

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