On the Convergence of Fictitious Play
Abstract
We study the continuous time Brown-Robinson fictitious play process f or non-zero sum games. We show that, in general, fictitious play cannot converg e cyclically to a mixed strategy equilibrium in which both players use more tha n two pure strategies.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Paper provided by Harvard - Institute of Economic Research in its series Harvard Institute of Economic Research Working Papers with number 1717.Length:
Date of creation: 1995
Date of revision:
Handle: RePEc:fth:harver:1717
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Related research
Keywords:Other versions of this item:
- Vijay Krishna & Tomas Sjostrom, 1995. "On the Convergence of Fictitious Play," Game Theory and Information 9503003, EconWPA.
- Sjostrom, T. & Krishna, V., 1995. "On the Convergence of Ficticious Play," Papers 04-95-07, Pennsylvania State - Department of Economics.
- Vijay Krishna & T. Sjostrom, 2010. "On the Convergence of Fictitious Play," Levine's Working Paper Archive 417, David K. Levine.
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dov Monderer & Dov Samet & Aner Sela, 2010.
"Belief Affirming in Learning Processes,"
Levine's Working Paper Archive
420, David K. Levine.
- Monderer, Dov & Samet, Dov & Sela, Aner, 1997. "Belief Affirming in Learning Processes," Journal of Economic Theory, Elsevier, vol. 73(2), pages 438-452, April.
- Dov Monderer & Dov Samet & Aner Sela, 1994. "Belief Affirming in Learning Processes," Game Theory and Information 9408002, EconWPA, revised 11 Aug 1994.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- JIMENEZ Edward, 2002. "Unified Game Theory," Computing in Economics and Finance 2002 25, Society for Computational Economics.
- Yannick Viossat & Andriy Zapechelnyuk, 2012. "No-regret Dynamics and Fictitious Play," Working Papers hal-00713871, HAL.
- Berger, Ulrich, 2007.
"Brown's original fictitious play,"
Journal of Economic Theory,
Elsevier, vol. 135(1), pages 572-578, July.
- Ulrich Berger, 2005. "Brown's Original Fictitious Play," Game Theory and Information 0503008, EconWPA.
- Ulrich Berger, 2003. "A general model of best response adaptation," Game Theory and Information 0303008, EconWPA.
- Ulrich Berger, 2003. "Continuous Fictitious Play via Projective Geometry," Game Theory and Information 0303004, EconWPA.
- Ulrich Berger, 2004. "Two More Classes of Games with the Fictitious Play Property," Game Theory and Information 0408003, EconWPA.
- Ludwig, Alexander & Zimper, Alexander, 2007.
"Attitude polarization,"
Sonderforschungsbereich 504 Publications
07-66, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
- Alexander Zimper & Alexander Ludwig, 2007. "Attitude polarization," MEA discussion paper series 07155, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Alexander Zimper & Alexander Ludwig, 2009.
"On attitude polarization under Bayesian learning with non-additive beliefs,"
Journal of Risk and Uncertainty,
Springer, vol. 39(2), pages 181-212, October.
- Alexander Zimper & Alexander Ludwig, 2008. "On attitude polarization under Bayesian learning with non-additive beliefs," Working Papers 104, Economic Research Southern Africa.
- Glen Ellison, 2010.
"Learning from Personal Experience: One Rational Guy and the Justification of Myopia,"
Levine's Working Paper Archive
413, David K. Levine.
- Ellison, Glenn, 1997. "Learning from Personal Experience: One Rational Guy and the Justification of Myopia," Games and Economic Behavior, Elsevier, vol. 19(2), pages 180-210, May.
- Monderer, Dov & Samet, Dov & Sela, Aner, 1997.
"Belief Affirming in Learning Processes,"
Journal of Economic Theory,
Elsevier, vol. 73(2), pages 438-452, April.
- Dov Monderer & Dov Samet & Aner Sela, 1994. "Belief Affirming in Learning Processes," Game Theory and Information 9408002, EconWPA, revised 11 Aug 1994.
- Dov Monderer & Dov Samet & Aner Sela, 2010. "Belief Affirming in Learning Processes," Levine's Working Paper Archive 420, David K. Levine.
- Ulrich Berger, 2003. "Fictitious play in 2xn games," Game Theory and Information 0303009, EconWPA.
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