Evolution of social behavior in the global economy : the replicator dynamics with migration

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    Author
    Basov, S.
    Date
    2002-05
    University of Melbourne Author/s
    Basov, Suren
    Affiliation
    Economics and Commerce: Department of Economics
    Metadata
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    Document Type
    Preprint
    Citations
    Basov, Suren (2002) Evolution of social behavior in the global economy : the replicator dynamics with migration .
    Access Status
    Open Access
    URI
    http://hdl.handle.net/11343/33612
    Description

    ISBN 0734025025, Working paper 847.
    Abstract
    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.
    Keywords
    game theory; social behavior; new technologies; communication; migration

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