The concept of Nash equilibrium has long served as a cornerstone in game theory, characterising a state where no player can benefit by changing their strategy unilaterally. Recent advancements have ...
Mathematics of Operations Research, Vol. 43, No. 1 (February 2018), pp. 100-129 (30 pages) We furnish conditions on the primitives of a Bayesian game that guarantee the existence of a Bayes-Nash ...
This is a preview. Log in through your library . Abstract This paper studies the existence of pure-strategy Nash equilibria for nonatomic games where players take actions in infinite-dimensional ...
What does it mean to behave rationally? This question sounds like a problem for philosophers. Yet mathematicians also have something to say about it. In the last few decades, game theory—the ...
In a recent artificial intelligence (AI) machine learning breakthrough in game theory, researchers solve a persistent problem with real-world applicability—for the better. At last month’s 34th ...
Nash equilibrium helps predict other investors' moves; no net gain by altering your long-term strategy. A dominant strategy excels regardless of others' actions, aiding investment decisions. Using ...
“All in.” Your opponent slides a stack of chips across the high-stakes poker table. You glance back at your cards, a pair of sixes. The game is Texas Hold’em. Only two of you remain, and no community ...