the mean of the distribution. We propose a novel equilibrium solution concept based on worst-case reasoning. We find an … essentially unique and efficient worst-case equilibrium of the first-price auction, which has appealing properties from both the …

the mean of the distribution. We propose a novel equilibrium solution concept based on worst-case reasoning. We find an … essentially unique and efficient worst-case equilibrium of the first-price auction that has appealing properties from both the …

. Hence, in this article we investigate the worst-case behavior of some approximation algorithms, ranging from classic online …

almost so if p≤2n. Voting rules à la Condorcet or Borda, even in probabilistic form, are ruled out by our worst case …

solve the problem of maximizing the worst-case expected utility of the first player. The solution leads to counter …

worst case viewpoint. …