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The Theory of Learning in Games
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Barnes and Noble
The Theory of Learning in Games
Current price: $40.00
Barnes and Noble
The Theory of Learning in Games
Current price: $40.00
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In
Drew Fudenberg and David Levine develop an alternative explanation that equilibrium arises as the long-run outcome of a process in which less than fully rational players grope for optimality over time. The models they explore provide a foundation for equilibrium theory and suggest useful ways for economists to evaluate and modify traditional equilibrium concepts.
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