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...
| Huvudupphovsman: | |
|---|---|
| Materialtyp: | Journal article |
| Språk: | English |
| Publicerad: |
Elsevier BV
2022
|