Stochastic adaptive learning with committed players in games with strict Nash equilibria
Naoki Funai
Games and Economic Behavior, 2025, vol. 154, issue C, 351-376
Abstract:
We investigate the convergence properties of an adaptive learning model that overlaps those of stochastic fictitious play learning and experience-weighted attraction learning in normal form games with strict Nash equilibria. In particular, we consider the case in which adaptive players play a game against not only other adaptive players but also committed players, who do not revise their behaviour but follow a fixed (strict Nash equilibrium or corresponding logit quantal response equilibrium) action. We then provide conditions under which the adaptive learning process, the choice probability profile of adaptive players, almost surely converges to the logit quantal response equilibrium that committed players follow. We also provide conditions under which the adaptive learning process of a more general adaptive learning model which overlaps those of payoff assessment learning and delta learning converges to a logit quantal response equilibrium different from the equilibrium that committed players follow with positive probability.
Keywords: Adaptive learning; Stochastic fictitious play learning; Experience-weighted attraction learning; Quantal response equilibrium; Stochastic approximation; Equilibrium selection (search for similar items in EconPapers)
JEL-codes: C72 D83 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:154:y:2025:i:c:p:351-376
DOI: 10.1016/j.geb.2025.09.011
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