Approaching equilibrium in parallel
Sjur Flåm
Norway; Department of Economics, University of Bergen from Department of Economics, University of Bergen
Abstract:
Motivated by non-cooperative games we study repeated interaction among non-communicating agents, each dealing with his block of variables, each moving merely on the basis of his marginal payoff and its most recent change.
Keywords: GAMES; COMMUNICATION; COMPUTATION (search for similar items in EconPapers)
JEL-codes: C68 C72 C73 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2001
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Working Paper: Approaching Equilibrium in Parallel (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:bereco:223
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