Strategic Learning in Games with Symmetric Information

O. Gossner, N. VIEILLE

Games and Economic Behavior

January 2003, vol. 42, n°1, pp.25-47

Departments: Economics & Decision Sciences, GREGHEC (CNRS)

This article studies situations in which agents do not initially know the effect of their decisions, but learn from experience the payoffs induced by their choices and their opponents'. We chararacterize equilibrium payoffs in terms of simple strategies in which an exploration phase is followed by a payoff acquisition phase.