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No-regret dynamics and fictitious play

  • Viossat, Yannick
  • Zapechelnyuk, Andriy

Potential based no-regret dynamics are shown to be related to fictitious play. Roughly, these are ε-best reply dynamics where ε is the maximal regret, which vanishes with time. This allows for alternative and sometimes much shorter proofs of known results on convergence of no-regret dynamics to the set of Nash equilibria.

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Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 148 (2013)
Issue (Month): 2 ()
Pages: 825-842

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Handle: RePEc:eee:jetheo:v:148:y:2013:i:2:p:825-842
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622869

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