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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.
- Format:
- Book
- Author/Creator:
- Hart, Sergiu.
- Mas-Colell, Andreu, author.
- Series:
- World Scientific series in economic theory ; v. 4.
- World Scientific series in economic theory, 2251-2071 ; v. 4.
- Language:
- English
- Subjects (All):
- Games of strategy (Mathematics).
- Heuristic algorithms.
- Physical Description:
- 1 online resource (xxxviii, 296 pages).
- Place of Publication:
- Hackensack, New Jersey : World Scientific Pub. Co. Pte. Ltd., 2013.
- Language Note:
- English
- Summary:
- 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
- Contents:
- pt. I. Correlated equilibria
- pt. II. Regret matching
- pt. III. Uncoupled dynamics
- pt. IV. Dynamics and equilibria.
- Notes:
- Description based upon print version of record.
- Includes bibliographical references and index.
- ISBN:
- 9781299462328
- 1299462324
- 9789814390705
- 9814390704
- OCLC:
- 841229571
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