Dynamics in stochastic evolutionary models

被引：9
|
作者：
Levine, David K. [1 ,2 ]
Modica, Salvatore [3 ]
机构：
[1] Washington Univ, Dept Econ, St Louis, MO 63130 USA
[2] European Univ Inst, Florence, Italy
[3] Univ Palermo Salvatore, Dept Econ, Palermo, Italy
来源：
THEORETICAL ECONOMICS | 2016年 / 11卷 / 01期
关键词：
Evolution; conventions; Markov chains; state power; EQUILIBRIUM SELECTION;
D O I：
10.3982/TE1978
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We characterize transitions between stochastically stable states and relative ergodic probabilities in the theory of the evolution of conventions. We give an application to the fall of hegemonies in the evolutionary theory of institutions and conflict, and illustrate the theory with the fall of the Qing dynasty and the rise of communism in China.
引用
收藏
页码：89 / 131
页数：43
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