Fictitious Play, Shapley Polygons, and the Replicator Equation |
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Authors: | Gaunersdorfer Andrea Hofbauer Josef |
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Abstract: | For many normal form games, the limiting behavior of fictitious play and the time-averaged replicator dynamics coincide. In particular, we show this for three examples, where this limit is not a Nash equilibrium, but a Shapley polygon. Journal of Economic Literature Classification Numbers: C72, C73. |
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