Article ID Journal Published Year Pages File Type
5072804 Games and Economic Behavior 2007 15 Pages PDF
Abstract
Fictitious Play is the oldest and most studied learning process for games. Since the already classical result for zero-sum games, convergence of beliefs to the set of Nash equilibria has been established for several classes of games, including weighted potential games, supermodular games with diminishing returns, and 3×3 supermodular games. Extending these results, we establish convergence of Continuous-time Fictitious Play for ordinal potential games and quasi-supermodular games with diminishing returns. As a by-product we obtain convergence for 3×m and 4×4 quasi-supermodular games.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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