In economics, most noncooperative game theory has focused on equilibrium in games,
especially Nash equilibrium and its refinements. The traditional explanation for when and …

The theory of learning in games explores how, which, and what kind of equilibria might arise
as a consequence of a long-run nonequilibrium process of learning, adaptation, and/or …

We use simple learning models to track the behavior observed in experiments concerning
three extensive form games with similar perfect equilibria. In only two of the games does …

AT THE SAME TIME that noncooperative game theory has become a standard tool in
economics, it has also come under increasingly critical scrutiny from theorists and …

This paper surveys work on reputations in repeated games of incomplete information. We
first develop the adverse-selection approach to reputations in the context of a long-lived …

Players choose an action before learning an outcome chosen according to an unknown and
history-dependent stochastic rule. Procedures that categorize outcomes, and use a …

Consider a two-player discounted repeated game in which each player optimizes with
respect to a prior belief about his opponent's repeated game strategy. One would like to …

We argue that some, but not all, superstitions can persist when learning is rational and
players are patient, and illustrate our argument with an example inspired by the Code of …

We examine the local stability of mixed equilibria in a smoothed fictitious play model. Our
model is easy to analyze and yields the same conclusions as other models in 2× 2 games …

The paper examines a large population analog of fictitious play in which players learn from
personal experience, focusing on what happens when a single rational player is added to …