This paper considers a simple adaptive learning rule in Bayesian games where players employ threshold strategies. Global convergence results are given for supermodular games and potentital games.
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Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number
232.
Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
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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.:
Eddie Dekel & Drew Fudenberg & David K. Levine, 2000.
"Learning to Play Bayesian Games,"
Discussion Papers
1322, Northwestern University, Center for Mathematical Studies in Economics and Management Science, revised Jul 2001.
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Carlsson, Hans & van Damme, Eric, 1993.
"Global Games and Equilibrium Selection,"
Econometrica,
Econometric Society, vol. 61(5), pages 989-1018, September.
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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.)
Jakub Steiner & Colin Stewart, 2006.
"Contagion through Learning,"
ESE Discussion Papers
151, Edinburgh School of Economics, University of Edinburgh, revised 10 Aug 2007.
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