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Strong evolutionary equilibrium and the war of attrition
Authors:John G. Riley
Affiliation:Department of Economics UCLA, Los Angeles, California 90024, U.S.A.
Abstract:In developing the concept of an evolutionarily stable strategy, Maynard Smith proposed formal conditions for stability. These conditions have since been shown to be neither necessary nor sufficient for evolutionary stability in finite populations. This paper provides a strong stability condition which is sensitive to the population size. It is then demonstrated that in the war of attrition with uncertain rewards there is a unique “strong evolutionary equilibrium” strategy. As the population becomes large this is shown to approach the solution strategy proposed by Bishop, Cannings and Maynard Smith.The analysis is then extended to wars of attrition between different populations. It is concluded that for such contests there is a whole family of potential strong evolutionary equilibria.
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