Joseph Clark

Location: Brisbane, QLD. Australia


Top Reviewer Ranking: 768,519
The Theory of Learning in Games by Drew Fudenberg
An excellent treatise on some important work in the theory of learning in games. Fudenberg and Levine provide a good coverage of standard myopic play dynamics with a special emphasis on ficticious play and replicator dynamics. I particularly liked the sections going through the Kandori, Mailath and Rob (1993) model as well as Young (1993) on the evolution of convention.
The treatments of dynamic systems analysis, elementary game theory, stochastic approximation theory, etc., are necessarily short. The appendices do not suffice for a reader without a reasonable background.
Nonetheless an essential read for anybody doing serious work in learning, or wanting to know what all the fuss… Read more