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