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Conditional adaptive strategies

Author

Listed:
  • Yuichi Noguchi

    (Department of Economics, Harvard University)

Abstract

A general class of adaptive strategies in Hart and Mas-Colell (2001) may be extended to conditional strategies in the same way as smooth fictitious play in Fudenberg and Levine (1999). We show that a generalized version of universal conditional consistency (UCC) obtains for conditional adaptive strategies under some assumption.

Suggested Citation

  • Yuichi Noguchi, 2003. "Conditional adaptive strategies," Economics Bulletin, AccessEcon, vol. 3(26), pages 1-10.
  • Handle: RePEc:ebl:ecbull:eb-03c70021
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    File URL: http://www.accessecon.com/pubs/EB/2003/Volume3/EB-03C70021A.pdf
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    References listed on IDEAS

    as
    1. Sergiu Hart & Andreu Mas-Colell, 2013. "A Simple Adaptive Procedure Leading To Correlated Equilibrium," World Scientific Book Chapters, in: Simple Adaptive Strategies From Regret-Matching to Uncoupled Dynamics, chapter 2, pages 17-46, World Scientific Publishing Co. Pte. Ltd..
    2. Fudenberg, Drew & Levine, David K., 1995. "Consistency and cautious fictitious play," Journal of Economic Dynamics and Control, Elsevier, vol. 19(5-7), pages 1065-1089.
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    Cited by:

    1. Yuichi Noguchi, 2009. "Note on universal conditional consistency," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(2), pages 193-207, June.

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    More about this item

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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