Learning in games with strategic complementarities revisited

A-Tier
Journal: Journal of Economic Theory
Year: 2008
Volume: 143
Issue: 1
Pages: 292-301

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Fictitious play is a classical learning process for games, and games with strategic complementarities are an important class including many economic applications. Knowledge about convergence properties of fictitious play in this class of games is scarce, however. Beyond games with a unique equilibrium, global convergence has only been claimed for games with diminishing returns [V. Krishna, Learning in games with strategic complementarities, HBS Working Paper 92-073, Harvard University, 1992]. This result remained unpublished, and it relies on a specific tie-breaking rule. Here we prove an extension of it by showing that the ordinal version of strategic complementarities suffices. The proof does not rely on tie-breaking rules and provides some intuition for the result.

Technical Details

RePEc Handle
repec:eee:jetheo:v:143:y:2008:i:1:p:292-301
Journal Field
Theory
Author Count
1
Added to Database
2026-01-24