Article ID Journal Published Year Pages File Type
5072169 Games and Economic Behavior 2011 25 Pages PDF
Abstract
► There exist infinitely many periodic orbits. ► Chaotic behaviour with players dithering between different strategies. ► There exists a periodic orbit (consisting of mixed strategies) of 'jitter type'. ► Nearby, orbits jitter closer and further away as in a random walk motion. ► All this behaviour holds for an open set of games.
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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Fictitious play in 3×3 games: Chaos and dithering behaviour
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