On Evolutionary Game Theory,
Bargaining, and Experimental Economics
A Presentation by Professor Christopher
Proulx
Deptartment of Economics, UCSB
January 29, 1999 at 12:30 - 2:00pm
Humanities and Social Sciences Building
2001A
Abstract
The notion of "equilibrium" underpins much of economic theory, yet
economists have no generally agreed upon definition of equilibrium. Evolutionary
game theory attempts to define equilibria as fixed points to some dynamic
over actions that people can choose in strategic situations. Two examples
of such dynamics applied to a simple bargaining game yield contradictory
predictions. Determining which dynamical systems are good models
of human behavior is therefore an empirical matter, necessitating experimental
data to further the development of the field.
Christopher Proulx is an Assistant Professor
of Economics at UCSB. He is a recent graduate of the University of Michigan
where he managed the Michigan Economics Laboratory. He has coauthored worked
on bargaining experiments published in The International Journal of
Game Theory and The Economic Journal.
Top of page
