Yancheng Zhu

h-index2
2papers
16citations

2 Papers

4.4GTJun 27
Pure Nash Equilibria under the Affine Mechanism: A Potential Game of Exaggeration

Jason Jisen Li, Young Wu, Yancheng Zhu et al.

The mean mechanism is known to be non-incentive-compatible, namely, rational players are incentivized to misreport their values. Despite this game-theoretic issue, the mean mechanism is prevalent in practice due to its other desirable properties. We give a full characterization of pure Nash equilibria--how the players will misreport--for the affine mechanism, of which the mean is a special case. Furthermore, we characterize both complete-information and Bayesian games under the affine mechanism. Our results highlight the inevitability of extreme exaggeration in such games.

3.3GTFeb 3, 2025
The Battling Influencers Game: Nash Equilibria Structure of a Potential Game and Implications to Value Alignment

Young Wu, Yancheng Zhu, Jin-Yi Cai et al.

When multiple influencers attempt to compete for a receiver's attention, their influencing strategies must account for the presence of one another. We introduce the Battling Influencers Game (BIG), a multi-player simultaneous-move general-sum game, to provide a game-theoretic characterization of this social phenomenon. We prove that BIG is a potential game, that it has either one or an infinite number of pure Nash equilibria (NEs), and these pure NEs can be found by convex optimization. Interestingly, we also prove that at any pure NE, all (except at most one) influencers must exaggerate their actions to the maximum extent. In other words, it is rational for the influencers to be non-truthful and extreme because they anticipate other influencers to cancel out part of their influence. We discuss the implications of BIG to value alignment.