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Local stability under evolutionary game dynamics

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Abstract

[This item is a preserved copy. To view the original, visit http://econtheory.org/] \n We prove that any regular ESS is asymptotically stable under any impartial pairwise comparison dynamic, including the Smith dynamic; under any separable excess payoff dynamic, including the BNN dynamic; and under the best response dynamic. Combined with existing results for imitative dynamics, our analysis validates the use of ESS as a blanket sufficient condition for local stability under evolutionary game dynamics.

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