Worst-case Equilibria

Explore this paper's citation graph

Summary

In a system where noncooperative agents share a common resource, the price of anarchy is proposed, which is the ratio between the worst possible Nash equilibrium and the social optimum, as a measure of the effectiveness of the system.

Type
article
Published
1999-03-04
Cited by
2,705
References
20

Keywords

Price of anarchy, Nash equilibrium, Computer science, Simple (philosophy), Measure (data warehouse)

References

Cited by

Related papers