EconPapers    
Economics at your fingertips  
 

Stubborn learning

Jean-François Laslier and Bernard Walliser

Post-Print from HAL

Abstract: The paper studies a specific adaptive learning rule when each player faces a unidimensional strategy set. The rule states that a player keeps on incrementing her strategy in the same direction if her utility increased and reverses direction if it decreased. The paper concentrates on games on the square [0,1]×[0,1] as mixed extensions of 2×2 games. We study in general the behavior of the system in the interior as well as on the borders of the strategy space. We then describe the system asymptotic behavior for symmetric, zero-sum, and twin games. Original patterns emerge. For instance, for the "prisoner's dilemma" with symmetric initial conditions, the system goes directly to the symmetric Pareto optimum. For "matching pennies," the system follows slowly expanding cycles around the mixed strategy equilibrium.

Keywords: Games; Behavior; Learning; Dynamics (search for similar items in EconPapers)
Date: 2015-07
References: Add references at CitEc
Citations:

Published in Theory and Decision, 2015, 79 (1), pp.51-93. ⟨10.1007/s11238-014-9450-3⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Stubborn learning (2015) Downloads
Working Paper: Stubborn learning (2015)
Working Paper: Stubborn Learning (2011) Downloads
Working Paper: Stubborn Learning (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01310229

DOI: 10.1007/s11238-014-9450-3

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2025-03-22
Handle: RePEc:hal:journl:halshs-01310229