An Adaptive Learning Model in Coordination Games
In this paper, we provide a theoretical prediction of the way in which adaptive players behave in the long run in normal form games with strict Nash equilibria. In the model, each player assigns subjective payoff assessments to his own actions, where the assessment of each action is a weighted avera...
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| Format: | Article |
| Language: | English |
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MDPI AG
2013-11-01
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| Series: | Games |
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| Online Access: | http://www.mdpi.com/2073-4336/4/4/648 |