Title of article :
The convergence of fictitious play in 3×3 games with strategic complementarities
Author/Authors :
Sunku Hahn، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1999
Pages :
4
From page :
57
To page :
60
Abstract :
Even though fictitious plays do not generally converge, Krishna (Learning in games with strategic complementarities. Harvard Business School working paper No. 92-073, 1992) proved that they do converge, if the game satisfies strategic complementarities and decreasing marginal returns. However, there has been conjecture that the assumption of decreasing marginal returns is not really necessary. This paper partially supports the conjecture by showing that in 3×3 games with strategic complementarities the fictitious play always converges.
Keywords :
convergence , Strategic complementarity , Fictitious play
Journal title :
Economics Letters
Serial Year :
1999
Journal title :
Economics Letters
Record number :
434710
Link To Document :
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