Stochastic better-reply dynamics in finite games (Q926202): Difference between revisions

From MaRDI portal
ReferenceBot (talk | contribs)
Changed an Item
Import241208061232 (talk | contribs)
Normalize DOI.
 
Property / DOI
 
Property / DOI: 10.1007/s00199-007-0230-y / rank
Normal rank
 
Property / DOI
 
Property / DOI: 10.1007/S00199-007-0230-Y / rank
 
Normal rank

Latest revision as of 08:20, 10 December 2024

scientific article
Language Label Description Also known as
English
Stochastic better-reply dynamics in finite games
scientific article

    Statements

    Stochastic better-reply dynamics in finite games (English)
    0 references
    0 references
    26 May 2008
    0 references
    The author studies a model where individuals from finite populations are repeatedly drawn to play a finite game and in every period choose a weakly better reply (not necessarily a best reply) to a sample distribution from a finite history of past play. It is shown that if the sample is small enough, the dynamics converges globally to sets of states that span MCUBR sets (minimal closed sets under better replies). In particular, there is convergence almost surely to a strict Nash equilibrium from any initial state if and only if all MCUBR sets are singleton.
    0 references
    stochastic adaptation
    0 references
    better replies
    0 references
    weakly acyclic games
    0 references
    Markov chains
    0 references

    Identifiers