Article ID Journal Published Year Pages File Type
957725 Journal of Economic Theory 2007 7 Pages PDF
Abstract

What modern game theorists describe as “fictitious play” is not the learning process George W. Brown defined in his 1951 paper. Brown's original version differs in a subtle detail, namely the order of belief updating. In this note we revive Brown's original fictitious play process and demonstrate that this seemingly innocent detail allows for an extremely simple and intuitive proof of convergence in an interesting and large class of games: nondegenerate ordinal potential games.

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