Consistency of Vanishingly Smooth Fictitious Play
Published Online:14 Nov 2012https://doi.org/10.1287/moor.1120.0568
Abstract
We discuss consistency of vanishingly smooth fictitious play, a strategy in the context of game theory, which can be regarded as a smooth fictitious play procedure, where the smoothing parameter is time dependent and asymptotically vanishes. This answers a question initially raised by Drew Fudenberg and Satoru Takahashi.
