Fictitious play property of the Nash demand game

Younghwan In

Economics Letters, 2014, vol. 122, issue 3, 408-412

Abstract: We show that the Nash demand game has the fictitious play property. We also show that almost every fictitious play process and its associated belief path converge to a pure-strategy Nash equilibrium in the Nash demand game.

Keywords: Bargaining; Nash demand game; Fictitious play (search for similar items in EconPapers)
JEL-codes: C72 C78 D83 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:122:y:2014:i:3:p:408-412

DOI: 10.1016/j.econlet.2013.12.017

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