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| Author: | Harris, C. |
| Title: | On the rate of convergence of continuous-time fictitious play |
| Journal: | Games and Economic Behavior
1998 : FEB, VOL. 22:2, p. 238-259 |
| Index terms: | GAMES ECONOMICS |
| Language: | eng |
| Abstract: | This study's analysis suggests that from a purely conceptual point of view, continuous-time fictitious play should be regarded as an approximation to continuous-time fictitious play. From a computational point of view, discrete-time fictitious play is more relevant than continuous-time fictituous play. The problems that arise in computing the evolution of continuous-time fictitiuous play are closely related to the difficulties that arize in analyzing discrete-time fictitious play in its own right. |
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