Fictitious play property of the Nash demand game

We show that the Nash demand game has the fictitious play property. We also show that almost every fictitious play process and its associated belief path converge to a pure-strategy Nash equilibrium in the Nash demand game.

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Year of publication:	2014
Authors:	In, Younghwan
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 122.2014, 3, p. 408-412
Publisher:	Elsevier
Subject:	Bargaining \| Nash demand game \| Fictitious play

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Type of publication:	Article
Classification:	C72 - Noncooperative Games ; C78 - Bargaining Theory; Matching Theory ; D83 - Search, Learning, Information and Knowledge
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010743686