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One against all in the fictitious play process

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Author Info
Sela, Aner () (Ben Gurion University)
Abstract

There are only few "positive" results concerning multi-person games with the fictitious play property, that is, games in which every fictitious play process approaches the set of equilibria. In this paper we chararcterize classes of multi-person games with the fictitious play property. We consider an (n+1) player game {0,1,2,...,n} based on n two-person sub-games. In each of these sub-games player 0 plays against one of the other players. Player 0 is regulated, so that he must choose the same strategy in all n sub-games. we show that if all sub-games are either zero-sum ganes, weighted potential games, or games with identical payoff functions, then the fictitious play property holds for the associated game.

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Paper provided by Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim in its series Sonderforschungsbereich 504 Publications with number 97-09.

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Length: 19 pages
Date of creation: 01 Jun 1997
Date of revision:
Handle: RePEc:xrs:sfbmaa:97-09

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  1. Milgrom, Paul & Roberts, John, 1991. "Adaptive and sophisticated learning in normal form games," Games and Economic Behavior, Elsevier, vol. 3(1), pages 82-100, February. [Downloadable!] (restricted)
  2. Monderer, Dov & Shapley, Lloyd S., 1996. "Fictitious Play Property for Games with Identical Interests," Journal of Economic Theory, Elsevier, vol. 68(1), pages 258-265, January. [Downloadable!] (restricted)
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