The possibility of Bayesian learning in repeated games

In infinitely repeated games, Nachbar (1997, 2005) has shown that Bayesian learning of a restricted strategy set is inconsistent; the beliefs required to learn any element of such a set will lead best responses to lie outside of it in most games. But I establish here that Nash convergence of Bayesia...

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Bibliographic Details
Main Author: Norman, TWL
Format: Journal article
Language:English
Published: Elsevier BV 2022