A Folk Theorem from Learning
We introduce state-dependent smooth fictitious play and we use this learning algorithm to prove a Folk theorem for repeated potential games. Our result shows that decentralised learning algorithms can learn to collude through repeated interactions and without communication.
Date: 3 March 2023, 12:45 (Friday, 7th week, Hilary 2023)
Venue: Manor Road Building, Manor Road OX1 3UQ
Venue Details: Seminar Room G or join online: https://zoom.us/j/96595245637
Speaker: Patrick Chang (University of Oxford)
Organising department: Department of Economics
Part of: Student Research Workshop in Micro Theory
Booking required?: Not required
Audience: Members of the University only
Editor: Emma Heritage