Brown's original fictitious play
نویسنده
چکیده
What modern game theorists describe as “fictitious play” is not the learning process George W. Brown defined in his 1951 paper. His 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. Journal of Economic Literature classification numbers: C72.
منابع مشابه
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ورودعنوان ژورنال:
- J. Economic Theory
دوره 135 شماره
صفحات -
تاریخ انتشار 2007