Price of Anarchy

From MgmtWiki
Revision as of 18:03, 10 March 2024 by Tom (talk | contribs) (Created page with "==Definition== The ration between the worst possible Nash equilibrium and the social optimum as a means of the effectiveness of the system. ==Context== <ref>Moshe Y. Vardi, '...")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Definition

The ration between the worst possible Nash equilibrium and the social optimum as a means of the effectiveness of the system.

Context

[1]


References

  1. Moshe Y. Vardi, What do Computing and Economics have to say to Each Other? CACM 67 No 9 p. 5 (2024-03)