Tsakas, Nikolas - Volkswirtschaftliche Fakultät, … - 2014
In a recent paper, Duersch et.al (2012) showed that in a rather broad class of repeated symmetric two-player games, a player who uses the simple "imitate-if-better" heuristic cannot be subject to a money pump. In this paper, we extend the analysis to games with randomly perturbed payoffs and we...