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Learning efficient Nash equilibria in distributed systems

Article ID Journal Published Year Pages File Type
5072113 Games and Economic Behavior 2012 16 Pages PDF
Abstract
► We analyze learning rules that depend only on a playerʼs own realized payoffs. ► Rules of this type select efficient Nash equilibria in large classes of games. ► They optimize the performance of distributed systems using minimal information.
Keywords
C72C73Distributed controlEquilibrium selectionStochastic stability
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Learning efficient Nash equilibria in distributed systems
Authors
Bary S.R. Pradelski, H. Peyton Young,
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Journal
Games and Economic Behavior
Journal: Games and Economic Behavior
Related Categories
C72
C73
Distributed control
Equilibrium selection
Stochastic stability
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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