Difference between revisions of "Price of Anarchy"

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Revision as of 18:03, 10 March 2024

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)