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.
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.:
- Monderer, Dov & Samet, Dov & Sela, Aner, 1997.
"Belief Affirming in Learning Processes,"
Journal of Economic Theory,
Elsevier, vol. 73(2), pages 438-452, April.
- Dov Monderer & Dov Samet & Aner Sela, 1994. "Belief Affirming in Learning Processes," Game Theory and Information 9408002, EconWPA, revised 11 Aug 1994.
- Dov Monderer & Dov Samet & Aner Sela, 2010. "Belief Affirming in Learning Processes," Levine's Working Paper Archive 420, David K. Levine.