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Equilibrium <i>(Sergiu Hart and Andreu Mas-Colell)</i></li> <li>Regret-Based Continuous-Time Dynamics <i>(Sergiu Hart and Andreu …><b><i>Uncoupled Dynamics:</i></b> <ul> <li>Uncoupled Dynamics Do Not Lead to Nash Equilibrium <i>(Sergiu Hart and Andreu Mas …-Colell)</i></li> <li>Stochastic Uncoupled Dynamics and Nash Equilibrium <i>(Sergiu Hart and Andreu Mas-Colell)</i></li> <li …
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AbstractWe exhibit a large class of simple rules of behavior, which we call adaptive heuristics, and show that they generate rational behavior in the long run. These adaptive heuristics are based on natural regret measures, and may be viewed as a bridge between rational and behavioral...
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AbstractHart and Mas-Colell (2000) show that if all players play “regret matching” strategies, i.e., they play with probabilities proportional to the regrets, then the empirical distribution of play converges to the set of correlated equilibria, and the regrets of every player converge to...
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equilibrium. We then show that, in contrast, the communication complexity of reaching a correlated equilibrium is polynomial in …AbstractWe study the question of how long it takes players to reach a Nash equilibrium in uncoupled setups, where each … player initially knows only his own payoff function. We derive lower bounds on the communication complexity of reaching a …
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presented below, followed by a discussion of dynamic aspects of equilibrium. …
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