Abstract | ||
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This paper discusses the implications of learning theory for the analysis of games with a move by Nature. One goal is to illuminate the issues that arise when modeling situations where players are learning about the distribution of Nature's move as well as learning about the opponents' strategies. A second goal is to argue that quite restrictive assumptions are necessary to justify the concept of Nash equilibrium without a common prior as a steady state of a learning process. |
Year | DOI | Venue |
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2004 | 10.1016/S0899-8256(03)00121-0 | Games and Economic Behavior |
Keywords | Field | DocType |
C7,D8 | Economics,Algorithmic learning theory,Mathematical economics,Learning theory,Cognitive science,Best response,Equilibrium selection,Bayesian game,Self-confirming equilibrium,Nash equilibrium,Proactive learning | Journal |
Volume | Issue | ISSN |
46 | 2 | 0899-8256 |
Citations | PageRank | References |
23 | 3.56 | 1 |
Authors | ||
3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Eddie Dekel | 1 | 39 | 8.05 |
Drew Fudenberg | 2 | 175 | 44.93 |
David K. Levine | 3 | 114 | 22.08 |