Non‐algebraic Convergence Proofs for Continuous‐Time Fictitious Play

Non‐algebraic Convergence Proofs for Continuous‐Time Fictitious Play

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Article ID: iaor2012963
Volume: 2
Issue: 1
Start Page Number: 4
End Page Number: 17
Publication Date: Mar 2012
Journal: Dynamic Games and Applications
Authors:
Keywords: geometric modelling
Abstract:

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 4×4 zero‐sum games.

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