Article ID Journal Published Year Pages File Type
956945 Journal of Economic Theory 2013 18 Pages PDF
Abstract

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.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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