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<https://discovery.ucl.ac.uk/id/eprint/14429> <http://purl.org/ontology/bibo/abstract> "We define the logit dynamic in the space of probability measures for a game with a compact\r\nand continuous strategy set. The original Burdett and Judd (1983) model of price dispersion\r\ncomes under this framework. We then show that if the payoff functions of the game satisfy\r\nLipschitz continuity under the strong topology in the space of signed measures, the logit dynamic\r\nadmits a unique solution in the space of probability measures. As a corollary, we obtain that\r\nlogit dynamic generated by the original Burdett and Judd model is well defined."^^<http://www.w3.org/2001/XMLSchema#string> .
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