The rate of convergence of continuous fictitious play

B-Tier
Journal: Economic Theory
Year: 1995
Volume: 7
Issue: 1
Pages: 161-178

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

The rate of convergence to Nash equilibrium of continuous fictitious play is determined for a generic set of utilities and initial beliefs in 2 þ 2 games. In addition, an example is provided comparing the rate of convergence of discrete fictitious play to the rate for continuous fictitious play. Finally, the convergent dynamic of fictitious play is related to the nonconvergent gradient process dynamic in 2 þ 2 games.

Technical Details

RePEc Handle
repec:spr:joecth:v:7:y:1995:i:1:p:161-178
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25