Differential Equation Approximations for Population Games using Elementary Probability
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Abstract (arXiv)
Population games model the evolution of strategic interactions among a large number of uniform agents. Due to the agents' uniformity and quantity, their aggregate strategic choices can be approximated by the solutions of a class of ordinary differential equations. This mean-field approach has found to be an effective tool of analysis. However its current proofs rely on advanced mathematical techniques, making them less accessible. In this article, we present a simpler derivation, using only undergraduate-level probability.
Key facts. Cited by 2 papers in the map (data through 14 Oct 2026). First posted on arXiv 11 Dec 2023.
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2 papers.