Belief Affirming in Learning Processes
Dov Monderer,
Dov Samet and
Aner Sela
Game Theory and Information from University Library of Munich, Germany
Abstract:
A learning process is belief affirming if for each player, the difference between her expected payoff in the next period, and the average of her past payoffs converges to zero. We show that every smooth discrete fictitious play and every continuous fictitious play is belief affirming. We also provide conditions under which general averaging processes are belief affirming.
JEL-codes: C7 D8 (search for similar items in EconPapers)
Date: 1994-08-11, Revised 1994-08-11
Note: 14 p. AmS TeX. (for a PostScript file call samet@vm.tau.ac il).
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Citations: View citations in EconPapers (5)
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Related works:
Working Paper: Belief Affirming in Learning Processes (2010)
Journal Article: Belief Affirming in Learning Processes (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpga:9408002
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