Results 21 to 30 of about 17,303,475 (361)
Research on Power Producer’s Bidding Behavior Based on the Best-Response Dynamic Model [PDF]
Journal of Applied Mathematics, 2014 As China’s electricity market is facing many problems, the research on power producer’s bidding behavior can promote the healthy and sustainable development of China’s electricity market.
Jingqi Sun, Xiaochun Zhang, Sen Guo
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On the Convergence Time of the Best Response Dynamics in Player-specific Congestion Games [PDF]
arXiv, 2008 We study the convergence time of the best response dynamics in player-specific singleton congestion games. It is well known that this dynamics can cycle, although from every state a short sequence of best responses to a Nash equilibrium exists. Thus, the
Ackermann, Heiner, Roeglin, Heiko
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The Frequency of Convergent Games under Best-Response Dynamics. [PDF]
Dyn Games Appl, 2022 We calculate the frequency of games with a unique pure strategy Nash equilibrium in the ensemble of n -player, m -strategy normal-form games. To obtain the ensemble, we generate payoff matrices at random.
Wiese SC, Heinrich T.
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Dynamic analysis of discontinuous best response with innovation [PDF]
Journal of Economic Dynamics and Control, 2017 We study a Cournot duopoly where firms can decide to incur fixed costs in activities that improve their competitiveness (i.e. product development or process innovation). Innovation costs generate discontinuities in the firms' quantity best response functions and, in turn, a variety of equilibrium configurations, including multiple equilibria.
Fabio Tramontana +3 more
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The Best Response Paradigm: A New Approach to Test Implicatures of Complex Sentences [PDF]
Frontiers in Communication, 2018 There is a controversial debate about which implicatures are triggered by logically complex sentences. This article introduces a novel experimental paradigm based on a game-theoretic design to test these implicatures.
Nicole Gotzner, Anton Benz
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Beyond myopic best response (in Cournot competition) [PDF]
Games and Economic Behavior, 2012 A Nash Equilibrium is a joint strategy profile at which each agent myopically plays a best response to the other agents' strategies, ignoring the possibility that deviating from the equilibrium could lead to an avalanche of successive changes by other agents.
Elias Koutsoupias +5 more
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Best-Response Cycles in Perfect Information Games [PDF]
Mathematics of Operations Research, 2015 We consider n-player perfect information games with payoff functions having a finite image. We do not make any further assumptions, so in particular we refrain from making assumptions on the cardinality or the topology of the set of actions and assumptions like continuity or measurability of payoff functions.
Herings, P.J.J., Predtetchinski, A.
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The lottery contest is a best-response potential game [PDF]
Economics Letters, 2017 It is shown that the n-player lottery contest admits a best-response potential (Voorneveld, 2000, Economics Letters). This is true also when the contest technology reflects the possibility of a draw. The result implies, in particular, the existence of a non-trivial two-player zero-sum game that is best-response equivalent to a game with identical ...
Christian Ewerhart
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Selecting Equilibria Using Best-Response Dynamics [PDF]
, 2017 I propose a simple simulation procedure for large games with multiple equilibria. The simulation procedure is based on a best-response dynamic. The implied equilibrium selection mechanism is intuitive: more stable equilibria are selected with higher ...
Vincent Boucher
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Decentralized multi-agent reinforcement learning based on best-response policies. [PDF]
Front Robot AIIntroduction: Multi-agent systems are an interdisciplinary research field that describes the concept of multiple decisive individuals interacting with a usually partially observable environment.
Gabler V, Wollherr D.
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