Fictitious Play in 2 x 2 Games: A Geometric Proof of Convergence
Andrew Metrick and
Ben Polak
Economic Theory, 1994, vol. 4, issue 6, 923-33
Abstract:
This paper provides a new proof of Miyasawa's (1961) result showing the convergence of fictitious play in 2x2 games. The novelty of the approach used here is that it rests entirely on the geometric properties of the best-response correspondence. The geometric approach greatly shortens the exposition, and it suggests some possible extensions to more difficult convergence conjectures.
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:spr:joecth:v:4:y:1994:i:6:p:923-33
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