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A myopic adjustment process leading to best-reply matching

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  • Kosfeld, Michael
  • Droste, Edward
  • Voorneveld, Mark

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Bibliographic Info

Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 40 (2002)
Issue (Month): 2 (August)
Pages: 270-298

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Handle: RePEc:eee:gamebe:v:40:y:2002:i:2:p:270-298

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Web page: http://www.elsevier.com/locate/inca/622836

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References

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  1. Basu, K. & Weibull, J.W., 1990. "Strategy Subsets Closed Under Rational Behaviour," Papers 479, Stockholm - International Economic Studies.
  2. Roth, Alvin E. & Erev, Ido, 1995. "Learning in extensive-form games: Experimental data and simple dynamic models in the intermediate term," Games and Economic Behavior, Elsevier, vol. 8(1), pages 164-212.
  3. Borgers, Tilman & Sarin, Rajiv, 2000. "Naive Reinforcement Learning with Endogenous Aspirations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(4), pages 921-50, November.
  4. T. Borgers & R. Sarin, 2010. "Learning Through Reinforcement and Replicator Dynamics," Levine's Working Paper Archive 380, David K. Levine.
  5. S. Hart & A. Mas-Collel, 2010. "A Simple Adaptive Procedure Leading to Correlated Equilibrium," Levine's Working Paper Archive 572, David K. Levine.
  6. Foster, Dean P. & Vohra, Rakesh V., 1997. "Calibrated Learning and Correlated Equilibrium," Games and Economic Behavior, Elsevier, vol. 21(1-2), pages 40-55, October.
  7. Fudenberg, Drew & Levine, David K., 1999. "Conditional Universal Consistency," Games and Economic Behavior, Elsevier, vol. 29(1-2), pages 104-130, October.
  8. Droste, E.J.R. & Kosfeld, M. & Voorneveld, M., 1998. "Regret Equilibria in Games," Discussion Paper 1998-19, Tilburg University, Center for Economic Research.
  9. Hurkens Sjaak, 1995. "Learning by Forgetful Players," Games and Economic Behavior, Elsevier, vol. 11(2), pages 304-329, November.
  10. Erev, Ido & Roth, Alvin E, 1998. "Predicting How People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria," American Economic Review, American Economic Association, vol. 88(4), pages 848-81, September.
  11. Colin Camerer & Teck-Hua Ho, 1999. "Experience-weighted Attraction Learning in Normal Form Games," Econometrica, Econometric Society, vol. 67(4), pages 827-874, July.
  12. Droste, Edward & Kosfeld, Michael & Voorneveld, Mark, 2003. "Best-reply matching in games," Mathematical Social Sciences, Elsevier, vol. 46(3), pages 291-309, December.
  13. Jorgen W. Weibull, 1997. "Evolutionary Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262731215, December.
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Cited by:
  1. Tercieux, Olivier & Voorneveld, Mark, 2005. "The cutting power of preparation," Working Paper Series in Economics and Finance 583, Stockholm School of Economics.
  2. Droste, Edward & Kosfeld, Michael & Voorneveld, Mark, 2003. "Best-reply matching in games," Mathematical Social Sciences, Elsevier, vol. 46(3), pages 291-309, December.
  3. Rivas, Javier, 2013. "Probability matching and reinforcement learning," Journal of Mathematical Economics, Elsevier, vol. 49(1), pages 17-21.
  4. Olivier Tercieux & Mark Voorneveld, 2010. "The cutting power of preparation," Computational Statistics, Springer, vol. 71(1), pages 85-101, February.
  5. Gisèle Umbhauer, 2007. "Best-reply matching and the centipede game," Working Papers of BETA 2007-25, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  6. Yves Ortiz & Martin schüle, 2011. "Limited Rationality and Strategic Interaction: A Probabilistic Multi-Agent Model," Working Papers 11.08, Swiss National Bank, Study Center Gerzensee.

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