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Journal of Evolutionary Economics

, Volume 7, Issue 4, pp 415–433 | Cite as

Forward induction, evolutionary processes and behavior evolution

  • Gisèle Umbhauer
Article

Abstract.

The paper deals with the driving forces behind behavior selection in both forward induction refinements and discrete evolutionary processes with mutations. Its main purpose is to analyse an important difference due to the support of the mutations. It shows that similar driving forces can allow to outweigh this difference. To this aim it constructs the limit Markov graph, a tool used to compute the probabilities in the limit distribution.

Key words: Forward induction Deviation Discrete evolutionary processes Mutation Limit distribution 
JEL-classification: C70; C72 

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Copyright information

© Springer-Verlag Berlin Heidelberg 1997

Authors and Affiliations

  • Gisèle Umbhauer
    • 1
  1. 1.B.E.T.A., 38, boulevard d'Anvers, F-67070 Strasbourg Cedex, FranceFR

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