Journal of Evolutionary Economics

, Volume 8, Issue 1, pp 15–43

On economic applications of evolutionary game theory

  • Daniel Friedman

DOI: 10.1007/s001910050054

Cite this article as:
Friedman, D. J Evol Econ (1998) 8: 15. doi:10.1007/s001910050054


Evolutionary games have considerable unrealized potential for modeling substantive economic issues. They promise richer predictions than orthodox game models but often require more extensive specifications. This paper exposits the specification of evolutionary game models and classifies the possible asymptotic behavior for one and two dimensional models.

Key words: Evolutionary gamesAdjustment dynamicsESSEvolutionary equilibrium
JEL-classification: B25; C62; C72; C73

Copyright information

© Springer-Verlag Berlin Heidelberg 1998

Authors and Affiliations

  • Daniel Friedman
    • 1
  1. 1.Department of Economics, University of California at Santa Cruz, 212 Social Sciences I, Santa Cruz, CA 95064, USAUS