One against all in the fictitious play process
Aner Sela
No 97-09, Papers from Sonderforschungsbreich 504
Abstract:
There are only few "positive" results concerning multi-person games with the fictitious play property, that is, games in which every fictitious play process approaches the set of equilibria. In this paper we chararcterize classes of multi-person games with the fictitious play property. We consider an (n+1) player game {0,1,2,...,n} based on n two-person sub-games. In each of these sub-games player 0 plays against one of the other players. Player 0 is regulated, so that he must choose the same strategy in all n sub-games. we show that if all sub-games are either zero-sum ganes, weighted potential games, or games with identical payoff functions, then the fictitious play property holds for the associated game.
Date: 1997
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Working Paper: One against all in the fictitious play process (1997) 
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Persistent link: https://EconPapers.repec.org/RePEc:mnh:spaper:2902
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