The Theory of Learning in Games

Published in: Google Books > Mathematics > Educational Games | Published on 02/Mar/2020 04:55

276 pages , MIT Press , 1998
This work explains that equilibrium is the long-run outcome of a process in which non-fully rational players search for optimality over time. The models they e×plore provide a foundation for equilibrium theory and suggest ways for economists to evaluate and modify traditional equilibrium concepts.

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