Achieving pareto optimality through distributed learning

We propose a simple payoff-based learning rule that is completely decentralized, and that leads to an efficient configuaration of actions in any n-person finite strategic-form game with generic payoffs. The algorithm follows the theme of exploration versus exploitation and is hence stochastic in na...

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Những tác giả chính: Young, H, Marden, J, Pao, L
Định dạng: Working paper
Được phát hành: University of Oxford 2011