Whither Game Theory? Towards a Theory of Learning in Games
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jep.30.4.151.pdf
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711.13 KB
Format
Adobe PDF
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Author(s)
Levine, David K.
Fudenberg, Drew
Date Issued
2016
Journal
Journal of Economic Perspectives
Publisher
American Economic Association
Citation
Fudenberg, Drew, and David K. Levine. “Whither Game Theory? Towards a Theory of Learning in Games.” Journal of Economic Perspectives, vol. 30, no. 4, Nov. 2016, pp. 151–70.
Version
Final published version
Abstract
Game theory has been a huge success in economics. Many important questions have been answered, and game theoretic methods are now central to much economic investigation. We suggest areas where further advances are important, and argue that models of learning are a promising route for improving and widening game theory's predictive power while preserving the successes of game theory where it already works well. We emphasize in particular the need for better understanding of the speed with which learning takes place.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
https://doi.org/10.1257/jep.30.4.151
