Does competition affect evolutionary dynamics? Evidence from a collegiate university created by Jin-Hyuk Kim
Material type:
- text
- unmediated
- volume
- 13504851
- HB1.A666 APP
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Item type | Current library | Call number | Vol info | Copy number | Status | Notes | Date due | Barcode | |
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Main Library - Special Collections | HB1.A666 APP (Browse shelf(Opens below)) | Vol. 20, no. 9 (pages781-785) | SP17975 | Not for loan | For In House Use Only |
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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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