Results 11 to 20 of about 166,027,039 (183)

Numerical Bounds on the Price of Anarchy

open access: yesJournal of Advanced Transportation, 2017
Theoretical upper bounds for price of anarchy have been calculated in previous studies. We present an empirical analysis for the price of anarchy for congested transportation networks; different network sizes and demand levels are considered for each ...
Louis de Grange   +4 more
doaj   +2 more sources

The Price of Stochastic Anarchy [PDF]

open access: yes, 2008
We consider the solution concept of stochastic stability, and propose the price of stochastic anarchyas an alternative to the price of (Nash) anarchyfor quantifying the cost of selfishness and lack of coordination in games. As a solution concept, the Nash equilibrium has disadvantages that the set of stochastically stable states of a game avoid: unlike
Christine Chung 0001   +3 more
openaire   +3 more sources

On the Price of Anarchy for High-Price Links [PDF]

open access: yes, 2019
14 pages, 4 ...
Álvarez Faura, M. del Carme   +1 more
openaire   +5 more sources

Intrinsic robustness of the price of anarchy [PDF]

open access: yesProceedings of the forty-first annual ACM symposium on Theory of computing, 2009
The price of anarchy, defined as the ratio of the worst-case objective function value of a Nash equilibrium of a game and that of an optimal outcome, quantifies the inefficiency of selfish behavior. Remarkably good bounds on this measure are known for a wide range of application domains. However, such bounds are meaningful only if a game's participants
Tim Roughgarden
openaire   +5 more sources

The price of anarchy in network creation games [PDF]

open access: yesACM Transactions on Algorithms, 2007
We study Nash equilibria in the setting of network creation games introduced recently by Fabrikant, Luthra, Maneva, Papadimitriou, and Shenker. In this game we have a set of selfish node players, each creating some incident links, and the goal is to minimize α times the cost of the created links plus sum of the distances to all other ...
Demaine, Erik D   +3 more
openaire   +4 more sources

Price of anarchy for auction revenue [PDF]

open access: yesProceedings of the fifteenth ACM conference on Economics and computation, 2014
This paper develops tools for welfare and revenue analyses of Bayes-Nash equilibria in asymmetric auctions with single-dimensional agents. We employ these tools to derive price of anarchy results for social welfare and revenue. Our approach separates the standard smoothness framework into two distinct parts, isolating the analysis common to any auction
Jason D. Hartline   +2 more
openaire   +3 more sources

Additively Separable Hedonic Games with Social Context

open access: yesGames, 2021
In hedonic games, coalitions are created as a result of the strategic interaction of independent players. In particular, in additively separable hedonic games, every player has valuations for all other ones, and the utility for belonging to a coalition ...
Gianpiero Monaco   +2 more
doaj   +1 more source

On Nash Equilibria in Non-Cooperative All-Optical Networks

open access: yesAlgorithms, 2021
We consider the problem of determining a routing in all-optical networks, in which some couples of nodes want to communicate. In particular, we study this problem from the point of view of a network provider that has to design suitable payment functions ...
Vittorio Bilò   +2 more
doaj   +1 more source

The price of anarchy in large games [PDF]

open access: yesProceedings of the forty-eighth annual ACM symposium on Theory of Computing, 2016
Game-theoretic models relevant for computer science applications usually feature a large number of players. The goal of this paper is to develop an analytical framework for bounding the price of anarchy in such models. We demonstrate the wide applicability of our framework through instantiations for several well-studied models, including simultaneous ...
Michal Feldman   +4 more
openaire   +3 more sources

The price of anarchy in truckload transportation spot markets

open access: yesEURO Journal on Transportation and Logistics, 2022
A concept of relevance to spot markets for truck-based freight transportation services is the price of anarchy (PoA), which defines the performance inferiority of decentralized market mechanisms for consummating transactions (vis-à-vis centralized ...
Michael Haughton   +2 more
doaj   +1 more source

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