The geometry of inductive reasoning in games

被引:5
|
作者
Richards, D
机构
[1] Department of Political Science, University of Minnesota, Minneapolis
关键词
JEL Classification Numbers: C72; D83.;
D O I
10.1007/s001990050153
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper contributes to the recent focus on dynamics in noncooperative games when players use inductive learning. The most well-known inductive learning rule, Brown's fictitious play, is known to converge for 2 x 2 games, yet many examples exist where fictitious play reasoning fails to converge to a Nash equilibrium. Building on ideas from chaotic dynamics, this paper develops a geometric conceptualization of instability in games, allowing for a reinterpretation of existing results and suggesting avenues for new results.
引用
收藏
页码:185 / 193
页数:9
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