GTCCCRMar 9, 2017

Does Nash Envy Immunity

arXiv:1703.03262v1
Originality Incremental advance
AI Analysis

This work addresses the robustness of strategy profiles in game theory for scenarios involving irrational players, though it appears incremental as it builds on existing stability notions.

The paper tackles the problem of game stability by proposing a new notion called envy-proofness, which ensures resilience against irrational envy-driven deviations, and it establishes relationships between this concept, Nash equilibrium, and immunity, while also analyzing existence and computational efficiency.

The most popular stability notion in games should be Nash equilibrium under the rationality of players who maximize their own payoff individually. In contrast, in many scenarios, players can be (partly) irrational with some unpredictable factors. Hence a strategy profile can be more robust if it is resilient against certain irrational behaviors. In this paper, we propose a stability notion that is resilient against envy. A strategy profile is said to be envy-proof if each player cannot gain a competitive edge with respect to the change in utility over the other players by deviation. Together with Nash equilibrium and another stability notion called immunity, we show how these separate notions are related to each other, whether they exist in games, and whether and when a strategy profile satisfying these notions can be efficiently found. We answer these questions by starting with the general two player game and extend the discussion for the approximate stability and for the corresponding fault-tolerance notions in multi-player games.

Foundations

The foundational work for this paper's niche, ranked by how specifically the neighbourhood builds on it — not by global fame.

Your Notes