Difference between revisions of "Price of Anarchy"
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==Definition== | ==Definition== | ||
The ration between the worst possible Nash equilibrium and the social optimum as a means of the effectiveness of the system. | The ration between the worst possible Nash equilibrium and the social optimum as a means of the effectiveness of the system. | ||
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| + | This is a somewhat technical page. For more about [[Anarchy]] click on that wiki page link. | ||
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==Context== | ==Context== | ||
<ref>Moshe Y. Vardi, ''What do Computing and Economics have to say to Each Other?'' '''CACM 67''' No 9 p. 5 (2024-03)</ref> | <ref>Moshe Y. Vardi, ''What do Computing and Economics have to say to Each Other?'' '''CACM 67''' No 9 p. 5 (2024-03)</ref> | ||
Latest revision as of 18:08, 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.
This is a somewhat technical page. For more about Anarchy click on that wiki page link.
Context
References
- ↑ Moshe Y. Vardi, What do Computing and Economics have to say to Each Other? CACM 67 No 9 p. 5 (2024-03)
