[PDF][PDF] Natural Solutions for a Class of Symmetric Games.
AAAI Spring Symposium: Game Theoretic and Decision Theoretic Agents, 2007•cdn.aaai.org
We introduce a new equilibrium selection mechanism for a class of symmetric coordination
games. Taking advantage of the structure of these games, we assert that the equilibrium
selected by this mechanism constitutes a “natural solution” in the sense that the associated
expected payoff is the highest equilibrium value that can be achieved without any player
having to guess how to do so. We illustrate the concept for specific examples, discuss
computational issues, and then briefly conclude with a discussion about how the concept …
games. Taking advantage of the structure of these games, we assert that the equilibrium
selected by this mechanism constitutes a “natural solution” in the sense that the associated
expected payoff is the highest equilibrium value that can be achieved without any player
having to guess how to do so. We illustrate the concept for specific examples, discuss
computational issues, and then briefly conclude with a discussion about how the concept …
Abstract
We introduce a new equilibrium selection mechanism for a class of symmetric coordination games. Taking advantage of the structure of these games, we assert that the equilibrium selected by this mechanism constitutes a “natural solution” in the sense that the associated expected payoff is the highest equilibrium value that can be achieved without any player having to guess how to do so. We illustrate the concept for specific examples, discuss computational issues, and then briefly conclude with a discussion about how the concept can be generalized to other coordination games.
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