Effectiveness of Nash Equilibrium Search Algorithms in Four-Person Games in General and Multi-matrix Settings

2020 ◽  
pp. 198-208
Author(s):  
Ustav Malkov ◽  
Vlasta Malkova
Keyword(s):  
Nash Equilibrium ◽  
Search Algorithms ◽  
Equilibrium Search

scholarly journals Nash equilibrium search for the best alternative

1983 ◽  
Vol 30 (1) ◽  
pp. 139-152 ◽  
Author(s):  
Jennifer F Reinganum
Keyword(s):  
Nash Equilibrium ◽  
Equilibrium Search

A Theory of Patronized Goods: Inefficient and Efficient Equilibria

2011 ◽  
pp. 65-87 ◽  
Author(s):  
A. Rubinstein
Keyword(s):  
Nash Equilibrium ◽  
Social Policy ◽  
Nash Equilibria ◽  
Institutional Environment ◽  
Social Motivation ◽  
Pareto Optimal ◽  
Market Failures ◽  
Equilibrium Conditions ◽  
Policy Issues

The article considers some aspects of the patronized goods theory with respect to efficient and inefficient equilibria. The author analyzes specific features of patronized goods as well as their connection with market failures, and conjectures that they are related to the emergence of Pareto-inefficient Nash equilibria. The key problem is the analysis of the opportunities for transforming inefficient Nash equilibrium into Pareto-optimal Nash equilibrium for patronized goods by modifying the institutional environment. The paper analyzes social motivation for institutional modernization and equilibrium conditions in the generalized Wicksell-Lindahl model for patronized goods. The author also considers some applications of patronized goods theory to social policy issues.

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