On the Convergence of Fictitious Play
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.
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- Monderer, Dov & Samet, Dov & Sela, Aner, 1997.
"Belief Affirming in Learning Processes,"
Journal of Economic Theory,
Elsevier, vol. 73(2), pages 438-452, April.
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