[PDF.82te] Simple Adaptive Strategies: From Regret-Matching to Uncoupled Dynamics (World Scientific Series in Economic Theory)
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Simple Adaptive Strategies: From Regret-Matching to Uncoupled Dynamics (World Scientific Series in Economic Theory)
Sergiu Hart, Andreu Mas-Colell
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| #3838293 in Books | World Scientific Publishing Company | 2013-03-23 | 2013-03-23 | Original language:English | PDF # 1 | 9.10 x1.00 x6.10l,1.35 | File type: PDF | 336 pages | |||"A fundamental issue with any concept of equilibrium, including Nash and correlated equilibria, is to define the process by which equilibrium is attained. The work of Professors Hart and Mas-Colell has been the deepest in this area, especially in defining c
This volume collects almost two decades of joint work of Sergiu Hart and Andreu Mas-Colell on game dynamics and equilibria. The starting point was the introduction of the adaptive strategy called regret-matching, which on the one hand is simple and natural, and on the other is shown to lead to correlated equilibria. This initial finding — boundedly rational behavior that yields fully rational outcomes in the long run — generated a large body of work on the dy...
You can specify the type of files you want, for your gadget.Simple Adaptive Strategies: From Regret-Matching to Uncoupled Dynamics (World Scientific Series in Economic Theory) | Sergiu Hart, Andreu Mas-Colell. A good, fresh read, highly recommended.