Jump to ContentJump to Main Navigation
Microeconomic TheoryA Concise Course$
Users without a subscription are not able to see the full content.

James Bergin

Print publication date: 2005

Print ISBN-13: 9780199280292

Published to Oxford Scholarship Online: July 2005

DOI: 10.1093/0199280290.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 03 June 2020

Evolution and Learning

Evolution and Learning

Chapter:
(p.323) 20 Evolution and Learning
Source:
Microeconomic Theory
Author(s):

James Bergin (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199280290.003.0020

Studies evolution and learning. The discussion includes fictitious play and replicator dynamics, and stochastic stability is considered at length. Following this, some detailed discussion of stochastic stability is given, including the computation of invariant distributions and minimum cost trees. Blackwell approachability is used to define strategies that minimize regret across all actions. This is then connected to correlated equilibrium. Calibrated forecasts are defined, and a connection to correlated equilibria also noted. Provides a brief discussion of Bayesian learning and the key role of the martingale convergence theorem.

Keywords:   Blackwell approachability, calibration, fictitious play, invariant distributions, regret minimization, replicator dynamics, stochastic stability

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .