• 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