Seminar

Consistency of Vanishing Smooth Fictitious Play

Mathieu Faure (Unine - Mathematics institute)

May 13, 2011, 13:45–15:15

Toulouse

Room MF 323

Decision Mathematics Seminar

Abstract

We discuss consistency of Vanishing Smooth Fictitious Play, a strategy in the context of game theory, which can be regarded as a smooth fictitious play procedure, where the smoothing parameter is time-dependent and asymptotically vanishes. This answers a question initially raised by Drew Fudenberg and Satoru Takahashi.