Starjournal Quotation Berger, Ulrich. 2007. Brown's Original Fictitious Play. Journal of Economic Theory 135 (1), 572-578.


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Abstract

What modern game theorists describe as fictitious play is not the learning process George W. Brown defined in his 1951 paper. Brown's original version differs in a subtle detail, namely the order of belief updating. In this note we revive Brown's original fictitious play process and demonstrate that this seemingly innocent detail allows for an extremely simple and intuitive proof of convergence in an interesting and large class of games: nondegenerate ordinal potential games.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Economic Theory
Citation Index SSCI
WU Journalrating 2009 A+
Starjournal Y
Language English
Title Brown's Original Fictitious Play
Volume 135
Number 1
Year 2007
Page from 572
Page to 578
Reviewed? Y
URL http://dx.doi.org/10.1016/j.jet.2005.12.010
DOI http://dx.doi.org/10.1016/j.jet.2005.12.010

Associations

People
Berger, Ulrich (Details)
Organization
Institute for Analytical Economics IN (Details)
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