Reid Barton's approximation[Revised and expanded to give the answer for all $k>1$ and incorporate $$ f(n,2) \simeq R(n) := \frac12 \sum_{k\in{\bf Z}} \phantom. 2^k n \exp(-2^k n) \phantom{\infty\infty}(n\rightarrow\infty) $$further terms of an asymptotic expansion as $n \rightarrow \infty$]
Fix $k>1$, and write $a_1=f(1,k)=1$ and is corroborated by further numerical computation$$ a_n = f(n,k) = \frac1{1-q^{-n}} \sum_{r=1}^{n-1} {n \choose r} (1/k)^{n-r} (1/q)^r a_r \phantom{for}(n>1), $$ where (see plot below$q := k/(k-1)$, so $(1/k) + (1/q) = 1$. Set $$ a_\infty := \frac1{k \log q}. $$ For example, if $k=2$ then $a_\infty = 1 / \log 4 = 0.72134752\ldots$, which $a_n$ seems to approach for large $2^6 \leq n \leq 2^{13}$)$n$, and accountslikewise for both the averaged limit of $k=6$ $.72134752\ldots$, which arises(the dice-throwing case) with $a_\infty = 1/(6 \log 1.2) = 0.9141358\ldots$. Indeed as $1/(2 \log 2)$$n \rightarrow \infty$ we have "$a_n \rightarrow a_\infty$ on average", andin the residual oscillationsense that (for instance) $\sum_{n=1}^N (a_n/n) \sim a_\infty \phantom. \sum_{n=1}^N (1/n)$ as $N \rightarrow \infty$. But, whose limiting form as suggested by earlier posted answers to Tim Chow's question, $a_n$ does not converge, though it stays quite close to $a_\infty$: we have $$ a_n = a_\infty + \epsilon^{\phantom.}_0(\log_q n) + O(1/n) $$ as $n \rightarrow \infty$, where $\epsilon^{\phantom.}_0$ is a functionsmooth function of period $t := \log_2 n$$1$ whose average over ${\bf R} / {\bf Z}$ vanishes but is not identically zero; for large $k$ (already $k=2$ is large enough), $\epsilon^{\phantom.}_0$ is a nearly perfect sine wave with a tiny amplitude $\exp(-\pi^2 k + O(\log k))$, namely $$ \frac2{k\log q}\left|\phantom.\Gamma\bigl(1 + \frac{2\pi i}{\log q}\bigr)\right| \phantom.=\phantom. \frac2{k \log q} \left[\frac{(2\pi^2/ \log q)}{\sinh(2\pi^2/ \log q)}\right]^{1/2}. $$ For example, for $k=2$ the amplitude is $7.130117\ldots \cdot 10^{-6}$, in accordance with numerical observation (see previously posted answers and the plot below). For $k=6$ the amplitude is only $8.3206735\ldots \cdot 10^{-23}$ so one must compute well beyond the usual "double precision" to see the oscillations.
More precisely, there is an asymptotic expansion $$ a_n \sim a_\infty + \epsilon^{\phantom.}_0(\log_q n) + n^{-1} \epsilon^{\phantom.}_1(\log_q n) + n^{-2} \epsilon^{\phantom.}_2(\log_q n) + n^{-3} \epsilon^{\phantom.}_3(\log_q n) + \cdots, $$ where each $\epsilon^{\phantom.}_j$ is smooth function of period $1$ whose average over ${\bf R} / {\bf Z}$ vanishes, and — while the series need not converge — truncating it before the term $n^{-j} \epsilon^{\phantom.}_j(\log_q n)$ yields an approximation good to within $O(n^{-j})$. The first few $\epsilon^{\phantom.}_j$ still have exponentially small amplitudes, but larger that of $\epsilon^{\phantom.}_0$ by a factor $\sim C_j k^{2j}$ for some $C_j > 0$; for instance, the amplitude of $$ \frac1{\log 2}\left|\phantom.\Gamma\bigl(1 + \frac{2\pi i}{\log 2}\bigr)\right| \phantom.=\phantom. \frac1{\log 2}\left[\frac{(2\pi^2/ \log2)}{\sinh(2\pi^2/ \log2)}\right]^{1/2} = \phantom. 7.130117\ldots \cdot 10^{-6}. $$$\epsilon^{\phantom.}_1$ exceeds that of $\epsilon^{\phantom.}_0$ Periodby about $1$ is clear$2(\pi / \log q)^2 \sim 2 \pi^2 k^2$. So $a_n$ must be computed up to a somewhat large multiple of $k^2$ before it becomes experimentally plausible that the residual oscillation $a_n - a_\infty$ won't tend to zero in the limit as $n \rightarrow \infty$.
Here's a plot that shows $a_n$ for $k=2$ (whichso also $q=2$) and $2^6 \leq n \leq 2^{13}$, and compares with the periodic approximation $a_\infty + \epsilon^{\phantom.}_0(\log_q n)$ and the refined approximation $a_\infty + \sum_{j=0}^2 n^{-j} \epsilon^{\phantom.}_j(\log_q n)$. (See http://math.harvard.edu/~elkies/mo11255+.pdf for the original PDF plot, which can be "zoomed in" to view details.) The horizontal coordinate is why$\log_2 n$; the abovevertical coordinate is centered at $a_\infty = 1/(2 \log 2)$, showing also the lines $a_\infty \pm 2|a_1|$; black cross-hairs, eventually merging visually into a continuous curve, show the numerical values of $a_n$; and the red and green contours show the smooth approximations.
http://math.harvard.edu/~elkies/mo11255+.pngTo obtain this asymptotic expansion, we start by generalizing R.Barton's formula forfrom $R(n)$$k=2$ to arbitrary $k>1$: $$ a_n = \frac1k \sum_{r=0}^\infty \phantom. n q^{-r} (1-q^{-r})^{n-1}. $$ [The proof is equivalentthe same, but note the exponent $n$ has been corrected to $n-1$ since we want $n-1$ players eliminated at the $r$-th step, not all $n$; this does not affect the limiting behavior $a_\infty+\epsilon^{\phantom.}_0(\log_q n)$, but is needed to Reid's even though he wroteget $\epsilon^{\phantom.}_m$ right for $m>1$.] We would like to approximate the sum by an integral, which can be evaluated by the change of variable $q^{-r} = z$: $$ \frac1k \int_{r=0}^\infty \phantom. n q^{-r} (1-q^{-r})^{n-1} = \frac1{k \log q} \int_0^1 \phantom. n (1-z)^{n-1} dz = \left[-a_\infty(1-z)^n\right]_{z=0}^1 = a_\infty. $$ But it takes some effort to get at the error in termsthis approximation.
We start by comparing $(1-q^{-r})^{n-1}$ with $\exp(-nq^{-r})$: $$ \begin{eqnarray} (1-q^{-r})^{n-1} &=& \exp(-nq^{-r}) \cdot \exp \phantom. [nq^{-r} + (n-1) \log(1-q^{-r})] \cr &=& \exp(-nq^{-r}) \cdot \exp \left[q^{-r} - (n-1) \left( \frac{q^{-2r}}2 + \frac{q^{-3r}}3 + \frac{q^{-4r}}4 + \cdots \right) \right]. \end{eqnarray} $$ The next two steps require justification (as R.Barton noted for the corresponding steps at the end of his analysis), but the fractional part justification should be straightforward. Expand the second factor in powers of $t$$u := nq^{-r}$, and collect like powers of $n$, obtaining $$ \exp(-nq^{-r}) \cdot \left( 1 - \frac{u^2-2u}{2n} + \frac{3u^4-20u^3+24u^2}{24n^2} - \frac{u^6-14u^5+52u^4-48u^3}{48n^3} + - \cdots \right). $$ Each term $n^{-j} \epsilon_j(\log_q(n))$ ($j=0,1,2,3,\ldots$) will arise from the $n^{-j}$ term in this expansion. The rest
We start with the main term, for $j=0$, which is obtained by applying Poisson summation tothe only one that does not decay with $n$. Define $$ \varphi(x) := 2^x \exp(-2^x), $$$$ \varphi_0(x) := q^x \exp(-q^x), $$ which as Reid observed decays rapidly both as $x \rightarrow \infty$ and and as $x \rightarrow -\infty$. We have Our zeroth-order approximation to $a_n$ is $$ R(n) = \frac12 \sum_{k \in {\bf Z}} \phantom. \varphi(t+k), $$$$ \frac1k \sum_{r=0}^\infty \phantom. \varphi_0(\log_q(n)-r), $$ awhich as $n \rightarrow \infty$ rapidly nears $$ \frac1k \sum_{r=-\infty}^\infty \varphi_0(\log_q(n)-r). $$ For $k=q=2$, this is equivalent with Reid's formula for $R(n)$, even though he wrote it in terms of the fractional part of $\log_2(n)$, because the sum is clearly invariant under translation of $\log_q(n)$ by integers.
We next apply Poisson summation. Since $\sum_{r \in {\bf Z}} \phantom. \varphi_0(t+r)$ is a smooth ${\bf Z}$-periodic function of period $1$ in $t = \log_2 n$$t$, which thusit has a Fourier expansion $$ R(n) = \sum_{m\in{\bf Z}} \phantom. a_m e^{2\pi i m t} $$$$ \sum_{m\in{\bf Z}} \phantom. c_m e^{2\pi i m t} $$ where $$ a_m = \frac12 \int_0^1 R(2^t) \phantom. e^{-2\pi i m t} dt = \frac12 \int_{-\infty}^\infty \varphi(t) \phantom. e^{-2\pi i m t} dt = \frac12\hat\varphi(-m). $$$$ c_m = \int_0^1 \left[ \sum_{r \in {\bf Z}} \phantom. \varphi_0(t+r) \right] \phantom. e^{-2\pi i m t} dt = \int_{-\infty}^\infty \varphi_0(t) \phantom. e^{-2\pi i m t} dt = \hat\varphi_0(-m). $$ Changing the variable of integration from $t$ to $2^t$$q^t$ lets us recognize the Fourier Fourier transform $\hat\varphi$ as $1/\log(2)$$1/\log(q)$ times a Gamma integral: $$ \hat\varphi(y) = \frac1{\log 2} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log 2}\Bigr). $$$$ \hat\varphi_0(y) = \frac1{\log q} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log q}\Bigr). $$ This gives us the coefficients $a_m$ in closed form. The constant coefficient $a_0 = 1 / (2\log 2)$ $a_0 = 1 / (\log q)$ can again be interpreted as the approximation of the Riemann Riemann sum $R(n)$$\sum_{r \in {\bf Z}} \phantom. \varphi_0(t+r)$ by an integral; the the oscillating terms $a_m e^{2\pi i m t}$ for $m \neq 0$ are are the corrections to this approximation, and are small due to the exponential exponential decay of the Gamma function on vertical strips — indeed we we can compute the magnitude $|a_m|$ in elementary closed form using the formula $|\Gamma(1+i\tau)| = (\pi\tau / \sinh(\pi\tau))^{1/2}$. Taking So we have $$ \frac1k \sum_{r \in \bf Z} \phantom. \varphi_0(\log_q(n)-r) = \frac1k \sum_{m \in \bf Z} \phantom. \hat\varphi_0(-m) e^{2\pi i \log_q(n)} = a_\infty + \epsilon_0(\log_q(n)) $$ where $a_\infty = a_0 / k = 1 / (k \log q)$ as above, and $\epsilon^{\phantom.}_0$, defined by $$ \epsilon^{\phantom.}_0(t) = \left[ \sum_{r\in\bf Z} \phantom. \varphi_0(t+r) \right] - a_\infty, $$ has the Fourier series $$ \epsilon^{\phantom.}_0(t) = \frac1k \sum_{m \neq 0} \hat\varphi_0(-m) e^{2\pi i m t}. $$ Taking $m = \pm 1$ recovers the amplitude $2|a_1|$$2|a_1|/k$ exhibited above; the the $m = \pm 2$ and further terms yield an oscillationfaster but tinier oscillations, e.g. for $k=2$ the $m=\pm 2$ terms oscillate twice as fast but with magnitude amplitude only $6.6033857\ldots \cdot 10^{-12}$, and further terms are smaller yet.
The plot below shows $R(n)$ forfunctions $2^6 \leq n \leq 2^{13}$ and compares it with actual values$\epsilon^{\phantom.}_j$ appearing in the further terms $n^{-j} \epsilon^{\phantom.}_j(\log_q(n))$ of the asymptotic expansion of $f(n,2)$. (See$a_n$ are defined similarly by $$ \epsilon^{\phantom.}_j(t) = \frac1k \sum_{r\in\bf Z} \phantom. \varphi_j(t+r), $$ where $$ \varphi_j(x) = P_j(q^x) \varphi_0(x) = P_j(q^x) q^x \exp(-q^x) $$ and http://math.harvard.edu/~elkies/mo11255.pdf for$P_j$ is the original PDF plotcoefficient of $n^{-j}$ in our power series $$ (1-q^r)^{n-1} = \exp(-nq^{-r}) \phantom. \sum_{j=0}^\infty \frac{P_j(nq^{-r})}{n^j}. $$ Thus $ P_0(u)=1, \phantom+ P_1(u) = -(u^2-2u)/2, \phantom+ P_2(u) = (3u^4-20u^3+24u^2)/24 $, which can be "zoomed in" to view detailsetc.) The horizontal coordinate is Again we apply Poisson to expand $\log_2 n$;$\epsilon^{\phantom.}_j(\log_q(n))$ in a Fourier series: $$ \epsilon^{\phantom.}_j(t) = \frac1k \sum_{m \in \bf Z} \hat\varphi_j(-m) e^{2\pi i m t}, $$ and evaluate the vertical coordinate is centered atFourier transform $1/(2 \log 2)$, showing also the lines$\hat\varphi_j$ by integrating with respect to $1/(2 \log 2) \pm 2|a_1|$; the red contour shows$q^t$. This yields a linear combination of Gamma integrals evaluated at $R(n)$; and the black cross-hairs$1 + (2\pi i y / \log q) + j'$ for integers $j' \in [j,2j]$, eventually merging visually intogiving $\hat\varphi_j$ as a continuous curve, show the numerical values degree-$2j$ polynomial multiple of $f(n,2)$$\hat\varphi_0$.
http://math.harvard.edu/~elkies/mo11255.pngNumerical computation The first case is $$ \begin{eqnarray*} \hat\varphi_1(y) &=& \frac1{\log q} \left[ \Gamma\Bigl(2 + \frac{2 \pi i y} {\log q}\Bigr) - \frac12 \Gamma\Bigl(3 + \frac{2 \pi i y} {\log q}\Bigr) \right] \\ &=& \frac1{\log q} \frac{\pi y}{\log q} \left(\frac{2 \pi y}{\log q} - i\right) \phantom. \Gamma\Bigl(1 + \frac{2 \pi i y} {\log q}\Bigr) \\ &=& \frac{\pi y}{\log q} \left(\frac{2 \pi y}{\log q} - i\right) \phantom. \hat\varphi_0(y). \end{eqnarray*} $$ Note that $\varphi_1(0) = 0$, so the constant coefficient of the difference Fourier series for $f(n,2) - R(n)$ suggests that it oscillates with the same period but with decreasing amplitude asymptotic to$\epsilon^{\phantom.}_1(t)$ vanishes; this is indeed true of $C/n$$\epsilon^{\phantom.}_j(t)$ for some constanteach $C$;$j>0$, because $\hat\varphi_j(0) = \int_{-\infty}^\infty \phi_j(x) \phantom. dx$ is the blue curves show this$n^{-j}$ coefficient of a power series in $n^{-1}$ that we've already identified with the numerical estimate $2.947 \cdot 10^{-4}$ forconstant $C$$a_\infty$.
Much Hence (as can also be seen in the same behavior should hold for otherplot above) none of the decaying corrections $n^{-j} \epsilon^{\phantom.}_j(\log_q n)$ biases the average of $k$$a_n$ away from $a_\infty$, with even tighter oscillations; e.g. forwhen $k=6$$n$ is small enough that those corrections are a substantial fraction of the Gamma factor in residual oscillation $a_1$ would be$\epsilon_0(\log_q n)$. This leaves $\hat\varphi_j(\mp1) e^{\pm 2 \pi i t} / k$ as the leading terms in the expansion of each $\Gamma(1 + \frac{2\pi i}{\log 1.2})$ which has magnitude about$\epsilon^{\phantom.}_j(t)$, so we see as promised that $4.55 \cdot 10^{-23}$$\epsilon^{\phantom.}_j$ is still exponentially small but with an extra factor whose leading term is a multiple of $(2\pi / \log q)^{2j}$.
Reid Barton's approximation $$ f(n,2) \simeq R(n) := \frac12 \sum_{k\in{\bf Z}} \phantom. 2^k n \exp(-2^k n) \phantom{\infty\infty}(n\rightarrow\infty) $$ is corroborated by further numerical computation (see plot below for $2^6 \leq n \leq 2^{13}$), and accounts for both the averaged limit of $.72134752\ldots$, which arises as $1/(2 \log 2)$, and the residual oscillation, whose limiting form as a function of $t := \log_2 n$ is a nearly perfect sine wave of period $1$ and amplitude $$ \frac1{\log 2}\left|\phantom.\Gamma\bigl(1 + \frac{2\pi i}{\log 2}\bigr)\right| \phantom.=\phantom. \frac1{\log 2}\left[\frac{(2\pi^2/ \log2)}{\sinh(2\pi^2/ \log2)}\right]^{1/2} = \phantom. 7.130117\ldots \cdot 10^{-6}. $$ Period $1$ is clear (which is why the above formula for $R(n)$ is equivalent to Reid's even though he wrote it in terms of the fractional part of $t$). The rest is obtained by applying Poisson summation to $$ \varphi(x) := 2^x \exp(-2^x), $$ which as Reid observed decays rapidly both as $x \rightarrow \infty$ and as $x \rightarrow -\infty$. We have $$ R(n) = \frac12 \sum_{k \in {\bf Z}} \phantom. \varphi(t+k), $$ a smooth function of period $1$ in $t = \log_2 n$, which thus has a Fourier expansion $$ R(n) = \sum_{m\in{\bf Z}} \phantom. a_m e^{2\pi i m t} $$ where $$ a_m = \frac12 \int_0^1 R(2^t) \phantom. e^{-2\pi i m t} dt = \frac12 \int_{-\infty}^\infty \varphi(t) \phantom. e^{-2\pi i m t} dt = \frac12\hat\varphi(-m). $$ Changing the variable of integration from $t$ to $2^t$ lets us recognize the Fourier transform $\hat\varphi$ as $1/\log(2)$ times a Gamma integral: $$ \hat\varphi(y) = \frac1{\log 2} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log 2}\Bigr). $$ This gives us the coefficients $a_m$ in closed form. The constant coefficient $a_0 = 1 / (2\log 2)$ can be interpreted as the approximation of the Riemann sum $R(n)$ by an integral; the oscillating terms $a_m e^{2\pi i m t}$ for $m \neq 0$ are the corrections to this approximation, and are small due to the exponential decay of the Gamma function on vertical strips — indeed we can compute the magnitude $|a_m|$ in elementary closed form using the formula $|\Gamma(1+i\tau)| = (\pi\tau / \sinh(\pi\tau))^{1/2}$. Taking $m = \pm 1$ recovers the amplitude $2|a_1|$ exhibited above; the $m = \pm 2$ terms yield an oscillation twice as fast but with magnitude $6.6033857\ldots \cdot 10^{-12}$, and further terms are smaller yet.
The plot below shows $R(n)$ for $2^6 \leq n \leq 2^{13}$ and compares it with actual values $f(n,2)$. (See http://math.harvard.edu/~elkies/mo11255.pdf for the original PDF plot, which can be "zoomed in" to view details.) The horizontal coordinate is $\log_2 n$; the vertical coordinate is centered at $1/(2 \log 2)$, showing also the lines $1/(2 \log 2) \pm 2|a_1|$; the red contour shows $R(n)$; and the black cross-hairs, eventually merging visually into a continuous curve, show the numerical values of $f(n,2)$.
http://math.harvard.edu/~elkies/mo11255.pngNumerical computation of the difference $f(n,2) - R(n)$ suggests that it oscillates with the same period but with decreasing amplitude asymptotic to $C/n$ for some constant $C$; the blue curves show this with the numerical estimate $2.947 \cdot 10^{-4}$ for $C$.
Much the same behavior should hold for other $k$, with even tighter oscillations; e.g. for $k=6$ the Gamma factor in $a_1$ would be $\Gamma(1 + \frac{2\pi i}{\log 1.2})$ which has magnitude about $4.55 \cdot 10^{-23}$.
[Revised and expanded to give the answer for all $k>1$ and incorporate further terms of an asymptotic expansion as $n \rightarrow \infty$]
Fix $k>1$, and write $a_1=f(1,k)=1$ and $$ a_n = f(n,k) = \frac1{1-q^{-n}} \sum_{r=1}^{n-1} {n \choose r} (1/k)^{n-r} (1/q)^r a_r \phantom{for}(n>1), $$ where $q := k/(k-1)$, so $(1/k) + (1/q) = 1$. Set $$ a_\infty := \frac1{k \log q}. $$ For example, if $k=2$ then $a_\infty = 1 / \log 4 = 0.72134752\ldots$, which $a_n$ seems to approach for large $n$, and likewise for $k=6$ (the dice-throwing case) with $a_\infty = 1/(6 \log 1.2) = 0.9141358\ldots$. Indeed as $n \rightarrow \infty$ we have "$a_n \rightarrow a_\infty$ on average", in the sense that (for instance) $\sum_{n=1}^N (a_n/n) \sim a_\infty \phantom. \sum_{n=1}^N (1/n)$ as $N \rightarrow \infty$. But, as suggested by earlier posted answers to Tim Chow's question, $a_n$ does not converge, though it stays quite close to $a_\infty$: we have $$ a_n = a_\infty + \epsilon^{\phantom.}_0(\log_q n) + O(1/n) $$ as $n \rightarrow \infty$, where $\epsilon^{\phantom.}_0$ is a smooth function of period $1$ whose average over ${\bf R} / {\bf Z}$ vanishes but is not identically zero; for large $k$ (already $k=2$ is large enough), $\epsilon^{\phantom.}_0$ is a nearly perfect sine wave with a tiny amplitude $\exp(-\pi^2 k + O(\log k))$, namely $$ \frac2{k\log q}\left|\phantom.\Gamma\bigl(1 + \frac{2\pi i}{\log q}\bigr)\right| \phantom.=\phantom. \frac2{k \log q} \left[\frac{(2\pi^2/ \log q)}{\sinh(2\pi^2/ \log q)}\right]^{1/2}. $$ For example, for $k=2$ the amplitude is $7.130117\ldots \cdot 10^{-6}$, in accordance with numerical observation (see previously posted answers and the plot below). For $k=6$ the amplitude is only $8.3206735\ldots \cdot 10^{-23}$ so one must compute well beyond the usual "double precision" to see the oscillations.
More precisely, there is an asymptotic expansion $$ a_n \sim a_\infty + \epsilon^{\phantom.}_0(\log_q n) + n^{-1} \epsilon^{\phantom.}_1(\log_q n) + n^{-2} \epsilon^{\phantom.}_2(\log_q n) + n^{-3} \epsilon^{\phantom.}_3(\log_q n) + \cdots, $$ where each $\epsilon^{\phantom.}_j$ is smooth function of period $1$ whose average over ${\bf R} / {\bf Z}$ vanishes, and — while the series need not converge — truncating it before the term $n^{-j} \epsilon^{\phantom.}_j(\log_q n)$ yields an approximation good to within $O(n^{-j})$. The first few $\epsilon^{\phantom.}_j$ still have exponentially small amplitudes, but larger that of $\epsilon^{\phantom.}_0$ by a factor $\sim C_j k^{2j}$ for some $C_j > 0$; for instance, the amplitude of $\epsilon^{\phantom.}_1$ exceeds that of $\epsilon^{\phantom.}_0$ by about $2(\pi / \log q)^2 \sim 2 \pi^2 k^2$. So $a_n$ must be computed up to a somewhat large multiple of $k^2$ before it becomes experimentally plausible that the residual oscillation $a_n - a_\infty$ won't tend to zero in the limit as $n \rightarrow \infty$.
Here's a plot that shows $a_n$ for $k=2$ (so also $q=2$) and $2^6 \leq n \leq 2^{13}$, and compares with the periodic approximation $a_\infty + \epsilon^{\phantom.}_0(\log_q n)$ and the refined approximation $a_\infty + \sum_{j=0}^2 n^{-j} \epsilon^{\phantom.}_j(\log_q n)$. (See http://math.harvard.edu/~elkies/mo11255+.pdf for the original PDF plot, which can be "zoomed in" to view details.) The horizontal coordinate is $\log_2 n$; the vertical coordinate is centered at $a_\infty = 1/(2 \log 2)$, showing also the lines $a_\infty \pm 2|a_1|$; black cross-hairs, eventually merging visually into a continuous curve, show the numerical values of $a_n$; and the red and green contours show the smooth approximations.
http://math.harvard.edu/~elkies/mo11255+.pngTo obtain this asymptotic expansion, we start by generalizing R.Barton's formula from $k=2$ to arbitrary $k>1$: $$ a_n = \frac1k \sum_{r=0}^\infty \phantom. n q^{-r} (1-q^{-r})^{n-1}. $$ [The proof is the same, but note the exponent $n$ has been corrected to $n-1$ since we want $n-1$ players eliminated at the $r$-th step, not all $n$; this does not affect the limiting behavior $a_\infty+\epsilon^{\phantom.}_0(\log_q n)$, but is needed to get $\epsilon^{\phantom.}_m$ right for $m>1$.] We would like to approximate the sum by an integral, which can be evaluated by the change of variable $q^{-r} = z$: $$ \frac1k \int_{r=0}^\infty \phantom. n q^{-r} (1-q^{-r})^{n-1} = \frac1{k \log q} \int_0^1 \phantom. n (1-z)^{n-1} dz = \left[-a_\infty(1-z)^n\right]_{z=0}^1 = a_\infty. $$ But it takes some effort to get at the error in this approximation.
We start by comparing $(1-q^{-r})^{n-1}$ with $\exp(-nq^{-r})$: $$ \begin{eqnarray} (1-q^{-r})^{n-1} &=& \exp(-nq^{-r}) \cdot \exp \phantom. [nq^{-r} + (n-1) \log(1-q^{-r})] \cr &=& \exp(-nq^{-r}) \cdot \exp \left[q^{-r} - (n-1) \left( \frac{q^{-2r}}2 + \frac{q^{-3r}}3 + \frac{q^{-4r}}4 + \cdots \right) \right]. \end{eqnarray} $$ The next two steps require justification (as R.Barton noted for the corresponding steps at the end of his analysis), but the justification should be straightforward. Expand the second factor in powers of $u := nq^{-r}$, and collect like powers of $n$, obtaining $$ \exp(-nq^{-r}) \cdot \left( 1 - \frac{u^2-2u}{2n} + \frac{3u^4-20u^3+24u^2}{24n^2} - \frac{u^6-14u^5+52u^4-48u^3}{48n^3} + - \cdots \right). $$ Each term $n^{-j} \epsilon_j(\log_q(n))$ ($j=0,1,2,3,\ldots$) will arise from the $n^{-j}$ term in this expansion.
We start with the main term, for $j=0$, which is the only one that does not decay with $n$. Define $$ \varphi_0(x) := q^x \exp(-q^x), $$ which as Reid observed decays rapidly both as $x \rightarrow \infty$ and as $x \rightarrow -\infty$. Our zeroth-order approximation to $a_n$ is $$ \frac1k \sum_{r=0}^\infty \phantom. \varphi_0(\log_q(n)-r), $$ which as $n \rightarrow \infty$ rapidly nears $$ \frac1k \sum_{r=-\infty}^\infty \varphi_0(\log_q(n)-r). $$ For $k=q=2$, this is equivalent with Reid's formula for $R(n)$, even though he wrote it in terms of the fractional part of $\log_2(n)$, because the sum is clearly invariant under translation of $\log_q(n)$ by integers.
We next apply Poisson summation. Since $\sum_{r \in {\bf Z}} \phantom. \varphi_0(t+r)$ is a smooth ${\bf Z}$-periodic function of $t$, it has a Fourier expansion $$ \sum_{m\in{\bf Z}} \phantom. c_m e^{2\pi i m t} $$ where $$ c_m = \int_0^1 \left[ \sum_{r \in {\bf Z}} \phantom. \varphi_0(t+r) \right] \phantom. e^{-2\pi i m t} dt = \int_{-\infty}^\infty \varphi_0(t) \phantom. e^{-2\pi i m t} dt = \hat\varphi_0(-m). $$ Changing the variable of integration from $t$ to $q^t$ lets us recognize the Fourier transform $\hat\varphi$ as $1/\log(q)$ times a Gamma integral: $$ \hat\varphi_0(y) = \frac1{\log q} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log q}\Bigr). $$ This gives us the coefficients $a_m$ in closed form. The constant coefficient $a_0 = 1 / (\log q)$ can again be interpreted as the approximation of the Riemann sum $\sum_{r \in {\bf Z}} \phantom. \varphi_0(t+r)$ by an integral; the oscillating terms $a_m e^{2\pi i m t}$ for $m \neq 0$ are the corrections to this approximation, and are small due to the exponential decay of the Gamma function on vertical strips — indeed we can compute the magnitude $|a_m|$ in elementary closed form using the formula $|\Gamma(1+i\tau)| = (\pi\tau / \sinh(\pi\tau))^{1/2}$. So we have $$ \frac1k \sum_{r \in \bf Z} \phantom. \varphi_0(\log_q(n)-r) = \frac1k \sum_{m \in \bf Z} \phantom. \hat\varphi_0(-m) e^{2\pi i \log_q(n)} = a_\infty + \epsilon_0(\log_q(n)) $$ where $a_\infty = a_0 / k = 1 / (k \log q)$ as above, and $\epsilon^{\phantom.}_0$, defined by $$ \epsilon^{\phantom.}_0(t) = \left[ \sum_{r\in\bf Z} \phantom. \varphi_0(t+r) \right] - a_\infty, $$ has the Fourier series $$ \epsilon^{\phantom.}_0(t) = \frac1k \sum_{m \neq 0} \hat\varphi_0(-m) e^{2\pi i m t}. $$ Taking $m = \pm 1$ recovers the amplitude $2|a_1|/k$ exhibited above; the $m = \pm 2$ and further terms yield faster but tinier oscillations, e.g. for $k=2$ the $m=\pm 2$ terms oscillate twice as fast but with amplitude only $6.6033857\ldots \cdot 10^{-12}$.
The functions $\epsilon^{\phantom.}_j$ appearing in the further terms $n^{-j} \epsilon^{\phantom.}_j(\log_q(n))$ of the asymptotic expansion of $a_n$ are defined similarly by $$ \epsilon^{\phantom.}_j(t) = \frac1k \sum_{r\in\bf Z} \phantom. \varphi_j(t+r), $$ where $$ \varphi_j(x) = P_j(q^x) \varphi_0(x) = P_j(q^x) q^x \exp(-q^x) $$ and $P_j$ is the coefficient of $n^{-j}$ in our power series $$ (1-q^r)^{n-1} = \exp(-nq^{-r}) \phantom. \sum_{j=0}^\infty \frac{P_j(nq^{-r})}{n^j}. $$ Thus $ P_0(u)=1, \phantom+ P_1(u) = -(u^2-2u)/2, \phantom+ P_2(u) = (3u^4-20u^3+24u^2)/24 $, etc. Again we apply Poisson to expand $\epsilon^{\phantom.}_j(\log_q(n))$ in a Fourier series: $$ \epsilon^{\phantom.}_j(t) = \frac1k \sum_{m \in \bf Z} \hat\varphi_j(-m) e^{2\pi i m t}, $$ and evaluate the Fourier transform $\hat\varphi_j$ by integrating with respect to $q^t$. This yields a linear combination of Gamma integrals evaluated at $1 + (2\pi i y / \log q) + j'$ for integers $j' \in [j,2j]$, giving $\hat\varphi_j$ as a degree-$2j$ polynomial multiple of $\hat\varphi_0$. The first case is $$ \begin{eqnarray*} \hat\varphi_1(y) &=& \frac1{\log q} \left[ \Gamma\Bigl(2 + \frac{2 \pi i y} {\log q}\Bigr) - \frac12 \Gamma\Bigl(3 + \frac{2 \pi i y} {\log q}\Bigr) \right] \\ &=& \frac1{\log q} \frac{\pi y}{\log q} \left(\frac{2 \pi y}{\log q} - i\right) \phantom. \Gamma\Bigl(1 + \frac{2 \pi i y} {\log q}\Bigr) \\ &=& \frac{\pi y}{\log q} \left(\frac{2 \pi y}{\log q} - i\right) \phantom. \hat\varphi_0(y). \end{eqnarray*} $$ Note that $\varphi_1(0) = 0$, so the constant coefficient of the Fourier series for $\epsilon^{\phantom.}_1(t)$ vanishes; this is indeed true of $\epsilon^{\phantom.}_j(t)$ for each $j>0$, because $\hat\varphi_j(0) = \int_{-\infty}^\infty \phi_j(x) \phantom. dx$ is the $n^{-j}$ coefficient of a power series in $n^{-1}$ that we've already identified with the constant $a_\infty$. Hence (as can also be seen in the plot above) none of the decaying corrections $n^{-j} \epsilon^{\phantom.}_j(\log_q n)$ biases the average of $a_n$ away from $a_\infty$, even when $n$ is small enough that those corrections are a substantial fraction of the residual oscillation $\epsilon_0(\log_q n)$. This leaves $\hat\varphi_j(\mp1) e^{\pm 2 \pi i t} / k$ as the leading terms in the expansion of each $\epsilon^{\phantom.}_j(t)$, so we see as promised that $\epsilon^{\phantom.}_j$ is still exponentially small but with an extra factor whose leading term is a multiple of $(2\pi / \log q)^{2j}$.
Reid Barton's approximation $$ f(n,2) \simeq R(n) := \frac12 \sum_{k\in{\bf Z}} \phantom. 2^k n \exp(-2^k n) \phantom{\infty\infty}(n\rightarrow\infty) $$ is corroborated by further numerical computation (see plot below for $2^6 \leq n \leq 2^{13}$), and accounts for both the averaged limit of $.72134752\ldots$, which arises as $1/(2 \log 2)$, and the residual oscillation, whose limiting form as a function of $t := \log_2 n$ is a nearly perfect sine wave of period $1$ and amplitude $$ \frac1{\log 2}\left|\phantom.\Gamma\bigl(1 + \frac{2\pi i}{\log 2}\bigr)\right| \phantom.=\phantom. \frac1{\log 2}\left[\frac{(2\pi^2/ \log2)}{\sinh(2\pi^2/ \log2)}\right]^{1/2} = \phantom. 7.130117\ldots \cdot 10^{-6}. $$ ThisPeriod $1$ is clear (which is why the above formula for $R(n)$ is equivalent to Reid's even though he wrote it in terms of the fractional part of $t$). The rest is obtained by applying Poisson summation to $$ \varphi(x) := 2^x \exp(-2^x), $$ which as Reid observed decays rapidly both as $x \rightarrow \infty$ and as $x \rightarrow -\infty$. We have $$ R(n) = \frac12 \sum_{k \in {\bf Z}} \phantom. \varphi(t+k), $$ a smooth function of period $1$ in $t = \log_2 n$, which thus has a Fourier expansion $$ R(n) = \sum_{m\in{\bf Z}} \phantom. a_m e^{2\pi i m t} $$ where $$ a_m = \frac12 \int_0^1 R(2^t) \phantom. e^{-2\pi i m t} dt = \frac12 \int_{-\infty}^\infty \varphi(t) \phantom. e^{-2\pi i m t} dt = \frac12\hat\varphi(-m). $$ Changing the variable of integration from $t$ to $2^t$ lets us recognize the Fourier transform $\varphi$$\hat\varphi$ as $1/\log(2)$ times a Gamma integral: $$ \varphi(y) = \frac1{\log 2} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log 2}\Bigr). $$$$ \hat\varphi(y) = \frac1{\log 2} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log 2}\Bigr). $$ This gives us the coefficients $a_m$ in closed form. The constant coefficient $a_0 = 1 / (2\log 2)$ can be interpreted as the approximation of the Riemann sum $R(n)$ by an integral; the oscillating terms $a_m e^{2\pi i m t}$ for $m \neq 0$ are the corrections to this approximation, and are small due to the exponential decay of the Gamma function on vertical strips;strips — indeed we can compute the magnitude $|a_m|$ in elementary closed form using the formula $|\Gamma(1+i\tau)| = (\pi\tau / \sinh(\pi\tau))^{1/2}$. Taking $m = \pm 1$ recovers the amplitude $2|a_1|$ exhibited above; the $m = \pm 2$ terms yield an oscillation twice as fast but with magnitude $6.6033857\ldots \cdot 10^{-12}$, and further terms are smaller yet.
The plot below shows $R(n)$ for $2^6 \leq n \leq 2^{13}$ and compares it with actual values $f(n,2)$. (See http://math.harvard.edu/~elkies/mo11255.pdf for the original PDF plot, which can be "zoomed in" to view details.) The horizontal coordinate is $\log_2 n$; the vertical coordinate is centered at $1/(2 \log 2)$, showing also the lines $1/(2 \log 2) \pm 2|a_1|$; the red contour shows $R(n)$; and the black cross-hairs, eventually merging visually into a continuous curve, show the numerical values of $f(n,2)$.
http://math.harvard.edu/~elkies/mo11255.pngNumerical computation of the difference $f(n,2) - R(n)$ suggests that it oscillates with the same period but with decreasing amplitude asymptotic to $C/n$ for some constant $C$; the blue curves show this with the numerical estimate $2.947 \cdot 10^{-4}$ for $C$.
Much the same behavior should hold for other $k$, with even tighter oscillations; e.g. for $k=6$ the Gamma factor in $a_1$ would be $\Gamma(1 + \frac{2\pi i}{\log 1.2})$ which has magnitude about $4.55 \cdot 10^{-23}$.
Reid Barton's approximation $$ f(n,2) \simeq R(n) := \frac12 \sum_{k\in{\bf Z}} \phantom. 2^k n \exp(-2^k n) \phantom{\infty\infty}(n\rightarrow\infty) $$ is corroborated by further numerical computation (see plot below for $2^6 \leq n \leq 2^{13}$), and accounts for both the averaged limit of $.72134752\ldots$, which arises as $1/(2 \log 2)$, and the residual oscillation, whose limiting form as a function of $t := \log_2 n$ is a nearly perfect sine wave of period $1$ and amplitude $$ \frac1{\log 2}\left|\phantom.\Gamma\bigl(1 + \frac{2\pi i}{\log 2}\bigr)\right| \phantom.=\phantom. \frac1{\log 2}\left[\frac{(2\pi^2/ \log2)}{\sinh(2\pi^2/ \log2)}\right]^{1/2} = \phantom. 7.130117\ldots \cdot 10^{-6}. $$ This is obtained by applying Poisson summation to $$ \varphi(x) := 2^x \exp(-2^x), $$ which as Reid observed decays rapidly both as $x \rightarrow \infty$ and as $x \rightarrow -\infty$. We have $$ R(n) = \frac12 \sum_{k \in {\bf Z}} \phantom. \varphi(t+k), $$ a smooth function of period $1$ in $t = \log_2 n$, which thus has a Fourier expansion $$ R(n) = \sum_{m\in{\bf Z}} \phantom. a_m e^{2\pi i m t} $$ where $$ a_m = \frac12 \int_0^1 R(2^t) \phantom. e^{-2\pi i m t} dt = \frac12 \int_{-\infty}^\infty \varphi(t) \phantom. e^{-2\pi i m t} dt = \frac12\hat\varphi(-m). $$ Changing the variable of integration from $t$ to $2^t$ lets us recognize the Fourier transform $\varphi$ as $1/\log(2)$ times a Gamma integral: $$ \varphi(y) = \frac1{\log 2} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log 2}\Bigr). $$ This gives us the coefficients $a_m$ in closed form. The constant coefficient $a_0 = 1 / (2\log 2)$ can be interpreted as the approximation of the Riemann sum $R(n)$ by an integral; the oscillating terms $a_m e^{2\pi i m t}$ for $m \neq 0$ are the corrections to this approximation, and are small due to the exponential decay of the Gamma function on vertical strips; indeed we can compute the magnitude $|a_m|$ in elementary closed form using the formula $|\Gamma(1+i\tau)| = (\pi\tau / \sinh(\pi\tau))^{1/2}$. Taking $m = \pm 1$ recovers the amplitude $2|a_1|$ exhibited above; the $m = \pm 2$ terms yield an oscillation twice as fast but with magnitude $6.6033857\ldots \cdot 10^{-12}$, and further terms are smaller yet.
The plot below shows $R(n)$ for $2^6 \leq n \leq 2^{13}$ and compares it with actual values $f(n,2)$. (See http://math.harvard.edu/~elkies/mo11255.pdf for the original PDF plot, which can be "zoomed in" to view details.) The horizontal coordinate is $\log_2 n$; the vertical coordinate is centered at $1/(2 \log 2)$, showing also the lines $1/(2 \log 2) \pm 2|a_1|$; the red contour shows $R(n)$; and the black cross-hairs, eventually merging visually into a continuous curve, show the numerical values of $f(n,2)$.
http://math.harvard.edu/~elkies/mo11255.pngNumerical computation of the difference $f(n,2) - R(n)$ suggests that it oscillates with the same period but with decreasing amplitude asymptotic to $C/n$ for some constant $C$; the blue curves show this with the numerical estimate $2.947 \cdot 10^{-4}$ for $C$.
Much the same behavior should hold for other $k$, with even tighter oscillations; e.g. for $k=6$ the Gamma factor in $a_1$ would be $\Gamma(1 + \frac{2\pi i}{\log 1.2})$ which has magnitude about $4.55 \cdot 10^{-23}$.
Reid Barton's approximation $$ f(n,2) \simeq R(n) := \frac12 \sum_{k\in{\bf Z}} \phantom. 2^k n \exp(-2^k n) \phantom{\infty\infty}(n\rightarrow\infty) $$ is corroborated by further numerical computation (see plot below for $2^6 \leq n \leq 2^{13}$), and accounts for both the averaged limit of $.72134752\ldots$, which arises as $1/(2 \log 2)$, and the residual oscillation, whose limiting form as a function of $t := \log_2 n$ is a nearly perfect sine wave of period $1$ and amplitude $$ \frac1{\log 2}\left|\phantom.\Gamma\bigl(1 + \frac{2\pi i}{\log 2}\bigr)\right| \phantom.=\phantom. \frac1{\log 2}\left[\frac{(2\pi^2/ \log2)}{\sinh(2\pi^2/ \log2)}\right]^{1/2} = \phantom. 7.130117\ldots \cdot 10^{-6}. $$ Period $1$ is clear (which is why the above formula for $R(n)$ is equivalent to Reid's even though he wrote it in terms of the fractional part of $t$). The rest is obtained by applying Poisson summation to $$ \varphi(x) := 2^x \exp(-2^x), $$ which as Reid observed decays rapidly both as $x \rightarrow \infty$ and as $x \rightarrow -\infty$. We have $$ R(n) = \frac12 \sum_{k \in {\bf Z}} \phantom. \varphi(t+k), $$ a smooth function of period $1$ in $t = \log_2 n$, which thus has a Fourier expansion $$ R(n) = \sum_{m\in{\bf Z}} \phantom. a_m e^{2\pi i m t} $$ where $$ a_m = \frac12 \int_0^1 R(2^t) \phantom. e^{-2\pi i m t} dt = \frac12 \int_{-\infty}^\infty \varphi(t) \phantom. e^{-2\pi i m t} dt = \frac12\hat\varphi(-m). $$ Changing the variable of integration from $t$ to $2^t$ lets us recognize the Fourier transform $\hat\varphi$ as $1/\log(2)$ times a Gamma integral: $$ \hat\varphi(y) = \frac1{\log 2} \Gamma\Bigl(1 + \frac{2 \pi i y} {\log 2}\Bigr). $$ This gives us the coefficients $a_m$ in closed form. The constant coefficient $a_0 = 1 / (2\log 2)$ can be interpreted as the approximation of the Riemann sum $R(n)$ by an integral; the oscillating terms $a_m e^{2\pi i m t}$ for $m \neq 0$ are the corrections to this approximation, and are small due to the exponential decay of the Gamma function on vertical strips — indeed we can compute the magnitude $|a_m|$ in elementary closed form using the formula $|\Gamma(1+i\tau)| = (\pi\tau / \sinh(\pi\tau))^{1/2}$. Taking $m = \pm 1$ recovers the amplitude $2|a_1|$ exhibited above; the $m = \pm 2$ terms yield an oscillation twice as fast but with magnitude $6.6033857\ldots \cdot 10^{-12}$, and further terms are smaller yet.
The plot below shows $R(n)$ for $2^6 \leq n \leq 2^{13}$ and compares it with actual values $f(n,2)$. (See http://math.harvard.edu/~elkies/mo11255.pdf for the original PDF plot, which can be "zoomed in" to view details.) The horizontal coordinate is $\log_2 n$; the vertical coordinate is centered at $1/(2 \log 2)$, showing also the lines $1/(2 \log 2) \pm 2|a_1|$; the red contour shows $R(n)$; and the black cross-hairs, eventually merging visually into a continuous curve, show the numerical values of $f(n,2)$.
http://math.harvard.edu/~elkies/mo11255.pngNumerical computation of the difference $f(n,2) - R(n)$ suggests that it oscillates with the same period but with decreasing amplitude asymptotic to $C/n$ for some constant $C$; the blue curves show this with the numerical estimate $2.947 \cdot 10^{-4}$ for $C$.
Much the same behavior should hold for other $k$, with even tighter oscillations; e.g. for $k=6$ the Gamma factor in $a_1$ would be $\Gamma(1 + \frac{2\pi i}{\log 1.2})$ which has magnitude about $4.55 \cdot 10^{-23}$.