Overview:Simple Adaptive Strategies: From Regret-matching To Uncoupled Dynamics - World Scientific Series In Economic Theory 4 - 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.
This book is on page /0fb06c92acf561788291222b8bb2eff7/book/1603729798-9789814390699. It was written by the following authors: Sergiu Hart, Andreu Mas-Colell. Book Simple Adaptive Strategies: From Regret-matching To Uncoupled Dynamics - World Scientific Series In Economic Theory 4, which can be read online, published by the company: World Scientific Publishing Co Pte Ltd. Other books on similar topics can be found in sections: Medicine, Science, Technology. The book was published on 2013-03-18. It has 336 pages and is published in Hardback format and weight 612 g. File for download Simple Adaptive Strategies: From Regret-matching To Uncoupled Dynamics - World Scientific Series In Economic Theory 4 has PDF format and is called simple-adaptive-strategies-from-regret-matching-to-uncoupled-dynamics-world-scientific-series-in-economic-theory-4.pdf. Other books you can download below. Our poumm.fr site is not responsible for the content of PDF files.
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