Best-response dynamics out of sync: complexity and characterization

EC, pp. 379-396, 2013.

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Keywords:
game theory researchalgorithmic implicationbest-response dynamicmulti-agent interactionlarge-scale marketMore(9+)

Abstract:

In many computational and economic models of multi-agent interaction, each participant repeatedly "best-responds" to the others' actions. Game theory research on the prominent "best-response dynamics" model typically relies on the premise that the interaction between agents is somehow synchronized. However, in many real-life settings, e.g...More

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