Fudenberg, DrewLevine, David2009-08-051999Fudenberg, Drew, and David K. Levine. 1999. An easier way to calibrate. Games and Economic Behavior 29(1-2): 131-137.0899-8256http://nrs.harvard.edu/urn-3:HUL.InstRepos:3203773Forecasts are said to be calibrated if the frequency predictions are approximately correct. This is a refinement of an idea first introduced by David Blackwell in 1955. We show that “<i>K</i>-initialized myopic strategies” are approximately calibrated when <i>K</i> is large. These strategies first “initialize” by making each forecast exactly <i>K</i> times, and thereafter play, in each period <i>t</i>, the minmax strategy in a static game.en-US10.1006/game.1999.0726