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- W2079969476 abstract "Abstract We consider stochastic dynamics for the Matching Pennies game, which behave, in expectation, like the best-response dynamics (i.e., the continuous fictitious play). Since the corresponding vector field is not continuous, we cannot apply the deterministic approximation results of Benaim and Weibull [M. Benaim, W. Weibull. 2003. Deterministic approximation of stochastic evolution in games. Econometrica 71, 873–903]. Nevertheless, we prove such results for our dynamics by developing the notion of a “leading coordinate.”" @default.
- W2079969476 created "2016-06-24" @default.
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- W2079969476 date "2009-05-01" @default.
- W2079969476 modified "2023-09-26" @default.
- W2079969476 title "Deterministic approximation of best-response dynamics for the Matching Pennies game" @default.
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- W2079969476 doi "https://doi.org/10.1016/j.geb.2008.04.013" @default.
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