This paper considers the dynamic evolution of algorithmic (recursive) learning rules in a normal form game. It is shown …

experience and in which sellers, with private information about their type, choose utility-maximizing signals given these prices …

Games with incomplete information or randomness in the moves of others typically have many decision … of randomizations in the type of a player. Solution concepts, assumptions or paradoxes in games should be independent of … the formulation of the game used. I refer to this axiom as TIGER, for "Type Independence among Games which are …

we study voluntary contributions games.  We identify two robust features of the players' learning dynamics: search …Many interactive environments can be represented as games, but they are so large and complex that individual players … are in the dark about others' actions and the payoff structure.  This paper analyzes learning behavior in such 'black box …

In this survey article, we report results on the existence of pure-strategy Nash equilibria in games with an atomless … mixed-strategy Nash equilibria, and settings in which private information, anonymity and idiosyncratic shocks are given …

Traditional game theoretic analysis proposes backward induction as a model of rational behaviour in games with perfect … information. However, counterintuitive results have cast doubt on the predictive power of the theory. For example, in the …