This paper studies adaptive learning in the class of weighted network games. This class of games includes applications … show that quite general learning processes converge to a Nash equilibrium of a weighted network game if every player …

I present a model of observational learning with payoff interdependence. Agents, ordered in a sequence, receive private … signals about an uncertain state of the world and sample previous actions. Unlike in standard models of observational learning … unbounded strength there is learning in a strong sense: agents' actions are ex-post optimal given both the state of the world …

decisions about the level of the public good. We derive the following results: i) Political competition is a necessary but not a … select institutions which restrict the power of politicians. iii) In conjunction with political competition, these …

are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …

A learning rule is uncoupled if a player does not condition his strategy on the opponent's payoffs. It is radically …, radically uncoupled learning rules whose period-by-period behavior comes arbitrarily close to Nash equilibrium behavior in any …

I present a model of observational learning with payoff interdependence. Agents, ordered in a sequence, receive private … signals about an uncertain state of the world and sample previous actions. Unlike in standard models of observational learning … unbounded strength there is learning in a strong sense: agents' actions are ex-post optimal given both the state of the world …

several well-known learning processes in the minority game with an arbitrary odd number of players. Interestingly, different … learning processes provide considerably different predictions …

We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The “TASP … equilibrium under fictitious play like learning processes. We use two 4 x 4 games each with a unique mixed Nash equilibrium; one … is stable and one is unstable under learning. Both games are versions of Rock-Paper-Scissors with the addition of a …