The Theory of Learning in Games
Author | : Drew Fudenberg |
Publisher | : MIT Press |
Total Pages | : 304 |
Release | : 1998 |
ISBN-10 | : 0262061945 |
ISBN-13 | : 9780262061940 |
Rating | : 4/5 (45 Downloads) |
Download or read book The Theory of Learning in Games written by Drew Fudenberg and published by MIT Press. This book was released on 1998 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work explains that equilibrium is the long-run outcome of a process in which non-fully rational players search for optimality over time. The models they e×plore provide a foundation for equilibrium theory and suggest ways for economists to evaluate and modify traditional equilibrium concepts.