Evolution of social behavior in the global economy : the replicator dynamics with migration
University of Melbourne Author/sBasov, Suren
AffiliationEconomics and Commerce: Department of Economics
CitationsBasov, Suren (2002) Evolution of social behavior in the global economy : the replicator dynamics with migration .
Access StatusOpen Access
ISBN 0734025025, Working paper 847.
In this paper I consider the effects of migration on the spread and the speed of the propagation of new conventions, technologies, etc. I show that the speed of the propagation increases with the openness of the economy. The application of the model to the equilibrium selection in 2 x 2 coordination games is also discussed.
Keywordsgame theory; social behavior; new technologies; communication; migration
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