The Theory of Learning in Games
- ISBN-10
- 0262061945
- ISBN-13
- 9780262061940
- Category
- Business & Economics
- Pages
- 276
- Language
- English
- Published
- 1998
- Publisher
- MIT Press
- Authors
- Drew Fudenberg, David K. Levine
Description
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.
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