Evolution of beliefs and the Nash equilibrium of normal form games
M Aoyagi - Journal of Economic Theory, 1996 - Elsevier
The paper formulates a simple two-person model of learning with pattern recognition and
discusses its implications. In particular, it focuses on the asymptotic behavior of players'
beliefs when the game has a mixed-strategy Nash equilibrium. Journal of Economics
LiteratureClassification Numbers: C72, D83.
discusses its implications. In particular, it focuses on the asymptotic behavior of players'
beliefs when the game has a mixed-strategy Nash equilibrium. Journal of Economics
LiteratureClassification Numbers: C72, D83.
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