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Does competition affect evolutionary dynamics? Evidence from a collegiate university

Kim, Jin - Hyuk

Does competition affect evolutionary dynamics? Evidence from a collegiate university created by Jin-Hyuk Kim - Applied economics letters Volume 20, number 9 .

This article shows that competition is inversely related to the strength of evolutionary dynamics using a collegiate university's admission statistics during the period 2004–2009. Specifically, estimated coefficients of the replicator dynamic equation is inversely related to the subject's applications-to-offers ratio. This suggests that competition favours a choice of strategies that is serially independent of the previous round's pay-offs.

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Evolutionary dynamics--Competitive pressures--Serial independence

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