Best-response dynamics in lottery contests
We study the convergence of best-response dynamics in lottery contests. We show that best-response dynamics rapidly converges to the (unique) equilibrium for homogeneous agents but may not converge for non-homogeneous agents, even for just two non-homogeneous agents.
| Main Authors: | , |
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| Format: | Conference item |
| Language: | English |
| Published: |
Association for Computing Machinery
2023
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