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Author Info
Itzhak Gilboa
Dov Samet

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Abstract

This paper suggests a general framework to deal with learning, dynamics and evolution in games and economic environments. In this general set-up we define a (set-valued) solution concept and prove some properties, including existence. We then discuss more specific dynamical processes and show that the general solution concept provides quite intuitive results for various contexts.

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File URL: http://www.kellogg.northwestern.edu/research/math/papers/935.pdf
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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 935.

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Date of creation: Apr 1991
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Handle: RePEc:nwu:cmsems:935

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References listed on IDEAS
Please 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.:
  1. Kalai, Ehud & Lehrer, Ehud, 1991. "Rational Learning Leads to Nash Equilibrium," Working Papers 91-18, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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  2. Canning, D., 1990. "Social Equilibrium," Papers 150, Cambridge - Risk, Information & Quantity Signals.
  3. Akihiko Matsui, 1989. "Cheap Talk and Cooperation in the Society," Discussion Papers 848, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  4. Boylan, Richard., 1990. "Equilibria Resistant to Mutation," Working Papers 729, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  5. Gilboa, Itzhak & Matsui, Akihiko, 1991. "Social Stability and Equilibrium," Econometrica, Econometric Society, vol. 59(3), pages 859-67, May. [Downloadable!] (restricted)
  6. Fudenberg, D. & Levine, D.K., 1991. "Self-Confirming Equilibrium ," Working papers 581, Massachusetts Institute of Technology (MIT), Department of Economics.
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  7. Ehud Kalai & Ehud Lehrer, 1991. "Private-Beliefs Equilibrium," Discussion Papers 926, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  8. Itzhak Gilboa & David Schmeidler, 1989. "Infinite Histories and Steady Orbits in Repeated Games," Discussion Papers 846, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  9. Itzhak Gilboa & Akihiko Matsui, 1990. "A Model of Random Matching," Discussion Papers 887, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  10. Vincent Crawford, 1992. "Adaptive Dynamics in Coordination Games," University of California at San Diego, Economics Working Paper Series 92-02r, Department of Economics, UC San Diego.
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  11. Kohlberg, Elon & Mertens, Jean-Francois, 1986. "On the Strategic Stability of Equilibria," Econometrica, Econometric Society, vol. 54(5), pages 1003-37, September. [Downloadable!] (restricted)
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Cited by:
(explanations, Please 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.)

  1. Ramon Marimon & Ellen McGrattan, 1993. "On Adaptive Learning in Strategic Games," Economics Working Papers 24, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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