Title:

Introducing Trade-Offs in Game Theory

Subtitle:

Raport Badawczy = Research Report ; RB/8/2008

Creator:

Podkopayeu, Dzmitry

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

2008

Description:

11 pages ; 21 cm ; Bibliography p. 11

Subject and Keywords:

Teoria gier ; Game theory ; Altruistic equilibrium ; Altruistic trade-off

Abstract:

The paper presents a concept of altruistic equilibrium in non-cooperative non-zero sum games based on the assumption that players take care of other player's interests. This concept is quantified by introducing altruistic coefficients which determine intensity of player altruism. Altruistic trade-off coefficients are also introduced to characterize a strategy profile in terms of lower bounds on altruistic coefficients, for which the strategy profile is an altruistic equilibrium. This concept allows to obtain equilibrium in any game for any Pareto optimal strategy profile, even if a Nash equilibrium does not exist.

Relation:

Raport Badawczy = Research Report

Resource type:

Text

Detailed Resource Type:

Report

Source:

RB-2008-08

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open