Beating the best Nash without regret

Abstract

Nash equilibrium analysis has become the de facto solution standard in game theory. This approach, despite its prominent role, has been the subject of much criticism for being too optimistic . Indeed, in general games, natural play need not converge to Nash equilibria. In games with multiple equilibria, it is unclear how players are expected to coordinate; even in games with a unique equilibrium, finding it may involve unreasonable expectations on player communication or computation.

Document Details

Document Type
Pub Defense Publication
Publication Date
Mar 01, 2011
Source ID
10.1145/1978721.1978727

Entities

People

  • Georgios Piliouras
  • Katrina Ligett

Organizations

  • Air Force Office of Scientific Research
  • Cornell University
  • Division of Computing and Communication Foundations
  • Johns Hopkins University
  • National Science Foundation
  • National Science Foundation Division of Mathematical Sciences
  • Office of Naval Research

Tags

Fields of Study

  • Economics

Readers

  • Agent-Based Social Robotics and Mobile-Assisted Learning in Virtual Environments.
  • Game Theory.
  • Political Violence and Terrorism Studies.