On the Convergence of Fictitious Play

Vijay Krishna and Tomas Sjostrom
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Vijay Krishna: Penn State University

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Abstract: We study the continuous time Brown-Robinson fictitious play process f or non-zero sum games. We show that, in general, fictitious play cannot converg e cyclically to a mixed strategy equilibrium in which both players use more tha n two pure strategies.

JEL-codes: C7 D8 (search for similar items in EconPapers)
Date: 1995-03-13
Note: 34 pages
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Related works:
Working Paper: On the Convergence of Fictitious Play (1995)
Working Paper: On the Convergence of Ficticious Play (1995)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpga:9503003

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