Algorithmic rationality

Abstract

We summarize our work on a general game-theoretic framework for reasoning about strategic agents performing possibly costly computation. In this framework, many traditional game-theoretic results (such as the existence of a Nash equilibrium) no longer hold. Nevertheless, we can use the framework to provide psychologically appealing explanations to observed behavior in well-studied games (such as finitely repeated prisoner's dilemma and rock-paper-scissors).

Document Details

Document Type
Pub Defense Publication
Publication Date
Jun 01, 2011
Source ID
10.1145/1998549.1998551

Entities

People

  • Joseph Halpern
  • Rafael Pass

Organizations

  • Air Force Office of Scientific Research
  • Army Research Office
  • Bulgarian Science Fund
  • Cornell University
  • Division of Computing and Communication Foundations
  • Division of Information and Intelligent Systems
  • National Science Foundation

Tags

Fields of Study

  • Economics

Readers

  • Applied Combinatorial Optimization and Logic Circuit Design.
  • Game Theory.
  • Mathematical Modeling and Probability Theory.