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Fundamentals of Evolutionary Game Theory and its Applications (Paperback, Softcover reprint of the original 1st ed. 2015)
Loot Price: R4,050
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Fundamentals of Evolutionary Game Theory and its Applications (Paperback, Softcover reprint of the original 1st ed. 2015)
Series: Evolutionary Economics and Social Complexity Science, 6
Expected to ship within 10 - 15 working days
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This book both summarizes the basic theory of evolutionary games
and explains their developing applications, giving special
attention to the 2-player, 2-strategy game. This game, usually
termed a "2x2 game" in the jargon, has been deemed most important
because it makes it possible to posit an archetype framework that
can be extended to various applications for engineering, the social
sciences, and even pure science fields spanning theoretical
biology, physics, economics, politics, and information science. The
2x2 game is in fact one of the hottest issues in the field of
statistical physics. The book first shows how the fundamental
theory of the 2x2 game, based on so-called replicator dynamics,
highlights its potential relation with nonlinear dynamical systems.
This analytical approach implies that there is a gap between
theoretical and reality-based prognoses observed in social systems
of humans as well as in those of animal species. The book explains
that this perceived gap is the result of an underlying reciprocity
mechanism called social viscosity. As a second major point, the
book puts a sharp focus on network reciprocity, one of the five
fundamental mechanisms for adding social viscosity to a system and
one that has been a great concern for study by statistical
physicists in the past decade. The book explains how network
reciprocity works for emerging cooperation, and readers can clearly
understand the existence of substantial mechanics when the term
"network reciprocity" is used. In the latter part of the book,
readers will find several interesting examples in which
evolutionary game theory is applied. One such example is traffic
flow analysis. Traffic flow is one of the subjects that fluid
dynamics can deal with, although flowing objects do not comprise a
pure fluid but, rather, are a set of many particles. Applying the
framework of evolutionary games to realistic traffic flows, the
book reveals that social dilemma structures lie behind traffic
flow.
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