Adaptive Learning and Iterated Weak Dominance
Publication
, Journal Article
Marx, LM
Published in: Games and Economic Behavior
January 1, 1999
This article addresses the idea that rational players should not play iteratively weakly dominated strategies by showing that when a particular type of adaptive learning process converges, then players must have learned to play strategy profiles equivalent to those that survive iterated nice weak dominance and, for certain games, equivalent to those that survive iterated weak dominance. For games satisfying the weak single crossing condition, the set of strategies that survive iterated weak dominance is small in that its bounds are pure strategy Nash equilibria. The results hold regardless of the order in which dominated strategies are eliminated.Journal of Economic LiteratureClassification Number: C72. © 1999 Academic Press.
Duke Scholars
Published In
Games and Economic Behavior
DOI
ISSN
0899-8256
Publication Date
January 1, 1999
Volume
26
Issue
2
Start / End Page
253 / 278
Related Subject Headings
- Economic Theory
- 1402 Applied Economics
- 1401 Economic Theory
Citation
APA
Chicago
ICMJE
MLA
NLM
Marx, L. M. (1999). Adaptive Learning and Iterated Weak Dominance. Games and Economic Behavior, 26(2), 253–278. https://doi.org/10.1006/game.1998.0660
Marx, L. M. “Adaptive Learning and Iterated Weak Dominance.” Games and Economic Behavior 26, no. 2 (January 1, 1999): 253–78. https://doi.org/10.1006/game.1998.0660.
Marx LM. Adaptive Learning and Iterated Weak Dominance. Games and Economic Behavior. 1999 Jan 1;26(2):253–78.
Marx, L. M. “Adaptive Learning and Iterated Weak Dominance.” Games and Economic Behavior, vol. 26, no. 2, Jan. 1999, pp. 253–78. Scopus, doi:10.1006/game.1998.0660.
Marx LM. Adaptive Learning and Iterated Weak Dominance. Games and Economic Behavior. 1999 Jan 1;26(2):253–278.
Published In
Games and Economic Behavior
DOI
ISSN
0899-8256
Publication Date
January 1, 1999
Volume
26
Issue
2
Start / End Page
253 / 278
Related Subject Headings
- Economic Theory
- 1402 Applied Economics
- 1401 Economic Theory