Simple adaptive strategies [[electronic resource] ] : from regret-matching to uncoupled dynamics / / Sergiu Hart, Andreu Mas-Colell ; with the collaboration of Yakov Babichenko ... [et al.]

• Autore: Hart Sergiu
• Pubblicazione: Hackensack, N.J., : World Scientific Pub. Co. Pte. Ltd., 2013
• Descrizione fisica: 1 online resource (335 p.)
• Disciplina: 519.3
• Soggetto topico: Games of strategy (Mathematics); Heuristic algorithms
• Soggetto genere / forma: Electronic books.
• Altri autori: Mas-ColellAndreu BabichenkoYakov
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: pt. I. Correlated equilibria -- pt. II. Regret matching -- pt. III. Uncoupled dynamics -- pt. IV. Dynamics and equilibria.
• Sommario/riassunto: 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
• Titolo autorizzato: Simple adaptive strategies
• ISBN: 1-299-46232-4; 981-4390-70-4
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910452323603321
• Lo trovi qui: Univ. Federico II
• Serie: World Scientific series in economic theory ; ; v. 4.