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1. |
Record Nr. |
UNINA9910779690003321 |
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Autore |
Hart Sergiu |
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Titolo |
Simple adaptive strategies : from regret-matching to uncoupled dynamics / / Sergiu Hart, The Hebrew University of Jerusalem, Andreu Mas-Colell, Universitat Pompeu Fabra, Barcelona ; with the collaboration of Yakov Babichenko, Amotz Cahn, Yishay Mansour, David Schmeidler |
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Pubbl/distr/stampa |
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Hackensack, New Jersey : , : World Scientific Pub. Co. Pte. Ltd., , 2013 |
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c2013 |
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ISBN |
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1-299-46232-4 |
981-4390-70-4 |
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Descrizione fisica |
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1 online resource (xxxviii, 296 pages) |
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Collana |
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World Scientific series in economic theory, , 2251-2071 ; ; v. 4. |
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Disciplina |
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Soggetti |
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Games of strategy (Mathematics) |
Heuristic algorithms |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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pt. I. Correlated equilibria -- pt. II. Regret matching -- pt. III. Uncoupled dynamics -- pt. IV. Dynamics and equilibria. |
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Sommario/riassunto |
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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 dynamics of simple adaptive strategies. In particular, a natural condition on dynamics was identified: uncoupledness, whereby decision-make |
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