1951
DOI: 10.2307/1969530
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An Iterative Method of Solving a Game

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Cited by 751 publications
(456 citation statements)
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“…This simple theorem is enough to guarantee that, in zero-sum two-player games, fictitious play is always belief affirming. The convergence of fictitious play in such games was proved by Robinson [13]. We show, moreover, that the average payoff converges to the value of the game.…”
Section: Introductionmentioning
confidence: 61%
“…This simple theorem is enough to guarantee that, in zero-sum two-player games, fictitious play is always belief affirming. The convergence of fictitious play in such games was proved by Robinson [13]. We show, moreover, that the average payoff converges to the value of the game.…”
Section: Introductionmentioning
confidence: 61%
“…A second decision rule that is studied extensively in the literature is fictitious play (see Brown, 1951, Robinson, 1951, and Fudenberg and Levine, 1998, chapter 2). A player who uses fictitious play chooses in each round a myopic best response against the historical frequency of his opponent's actions (amended by an initial weight for each action).…”
Section: Fictitious Play (Fic)mentioning
confidence: 99%
“…11 Note that it is a path-by-path property. Proposition 1 states that if both players' assessment rules are adaptive, then any point of convergence in beliefs corresponds to a Nash equilibrium of the game G. Proposition 1.…”
Section: Points Of Convergence Nash Equilibrium and Stabilitymentioning
confidence: 99%
“…0098 Figure 1 We know from the theorem by Robinson [11] 1 that the sequence of each player's beliefs converges to 0.5H+0.5T, which corresponds to the Nash equilibrium of the game. Figure 2 illustrates the locus of converging beliefs as a spiral around the Nash equilibrium point.…”
Section: Introductionmentioning
confidence: 99%
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