Therevelation principleofeconomicsis that truth-telling, direct revelation mechanisms can generally be designed to achieve the Bayesian Nash equilibrium outcome of other mechanisms; this can be proven in a large category of mechanism design cases. Put into other words, the revelation principle holds th...
Hawk-Dove Game Suppose C > B/2 E(H,H) < E(D,H) and Dove invades Hawk Know B > B/2 so Hawk Invades Dove Mixed ESS, 0 < p* < 1 ESS: Nash Solution with Equal Payoffs Hawk-Dove: Frequency-Dependence Payoff to H = p E(H,H) + (1 - p) E(H,D) p[(B/2) – C] +...