ISBN: 9789814390699 - simple adaptive strategies: from regret-matching to uncoupled dynamics: 4 (world scientific series in economic theory) (12 resultados)

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Gebunden. Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Collects almost two decades of joint work of Sergiu Hart and Andreu Mas-Colell on game dynamics and equilibria. This book may be used for advanced graduate courses - in game theory, economics, mathematics, computer science, engineering - and for further res.…

Buch. Condición: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - 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-makers do not know each other's payoffs and utilities (so, while chosen actions may be observable, the motivations are not). This condition turns out to severely limit the equilibria that can be reached. Interestingly, there are connections to the behavioral and neurobiological sciences and also to computer science and engineering (e.g., via notions of 'regret').Simple Adaptive Strategies is self-contained and unified in its presentation. Together with the formal treatment of concepts, theorems, and proofs, significant space is devoted to informal explanations and illuminating examples. It may be used for advanced graduate courses -- in game theory, economics, mathematics, computer science, engineering -- and for further research. …

Buch. Condición: Neu. SIMPLE ADAPTIVE STRATEGIES | Hart Sergiu | Buch | Gebunden | Englisch | 2013 | World Scientific | EAN 9789814390699 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand.