Block, Juan I.; Fudenberg, Drew; Levine, David K. - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 1, pp. 135-172
period, aggregate play comes close to Nash equilibrium for generic games, and pure equilibria are generally more stable than … not come close to Nash equilibrium unless the game satisfies an acyclicity condition. When agents have sufficiently long … memory generically aggregate play comes close to Nash equilibrium. However, unlike in the model where social information is …