Learning in unprofitable games
成果类型:
Article
署名作者:
Gaunersdorfer, Andrea; Hofbauer, Josef
署名单位:
University of Vienna; University of Vienna
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2025.03.001
发表日期:
2025
页码:
108-126
关键词:
Unprofitable games
Nash equilibrium
Maximin strategy
Quantal response equilibrium
Replicator dynamics
best response dynamics
Logit dynamics
摘要:
A game is unprofitable if equilibrium payoffs do not exceed the maximin payoff for each player. In an unprofitable game, Nash equilibrium play has been notoriously difficult to justify. For a class of 3x3 games we analyze whether evolutionary and learning processes lead to Nash play. We find that neither the pure Nash equilibrium nor the pure maximin strategy are stable rest points under the studied dynamics whereas the mixed Nash equilibrium and the quantal response equilibrium may be attractors, repellors or surrounded by periodic orbits.