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Evolutionary Game Theory

Evolutionary Game Theory is a mathematical framework that applies game theory principles to biological and social evolution, analyzing how strategies evolve over time in populations through mechanisms like natural selection or cultural transmission. It extends classical game theory by focusing on dynamic processes rather than static equilibria, using concepts such as evolutionary stable strategies (ESS) and replicator dynamics. This approach helps model phenomena like cooperation, competition, and adaptation in fields ranging from ecology to economics.

Also known as: EGT, Evolutionary Games, Evolutionary Game Dynamics, Biological Game Theory, Evo Game Theory
🧊Why learn Evolutionary Game Theory?

Developers should learn Evolutionary Game Theory when working on simulations, AI, or complex systems modeling, as it provides tools to understand emergent behaviors in multi-agent systems, such as in evolutionary algorithms, game AI, or social network analysis. It is particularly useful for designing adaptive systems, optimizing strategies in competitive environments, and studying the dynamics of cooperation in decentralized networks like blockchain or peer-to-peer systems.

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