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Non-algebraic convergence proofs for continuous-time fictitious play

In this technical note we use insights from the theory of projective geometry to provide novel and non-algebraic proofs of convergence of continuous-time fictitious play for a class of games. As a corollary we obtain a kind of equilibrium selection result, whereby continuous-time fictitious play converges to a particular equilibrium contained in a continuum of equivalent equilibria for symmetric 4x4 zero-sum games.

Identiferoai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:5591
Date January 2012
CreatorsBerger, Ulrich
PublisherSpringer
Source SetsWirtschaftsuniversität Wien
LanguageEnglish
Detected LanguageEnglish
TypeArticle, PeerReviewed
Formatapplication/pdf
Relationhttp://dx.doi.org/10.1007/s13235-011-0033-4, https://link.springer.com/, http://epub.wu.ac.at/5591/

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