scholarly journals Coordination on networks with farsighted and myopic agents

Author(s):  
Ana Mauleon ◽  
Simon Schopohl ◽  
Akylai Taalaibekova ◽  
Vincent Vannetelbosch

AbstractWe study a coordination game on a fixed connected network where players have to choose between two projects. Some players are moderate (i.e. they are ex-ante indifferent between both projects) while others are stubborn (i.e. they always choose the same project). Benefits for moderate players are increasing in the number of neighbors who choose the same project. In addition, players are either farsighted or myopic. Farsighted players anticipate the reactions of others while myopic players do not. We show that, when all players are farsighted, full coordination among the moderate players is reached except if there are stubborn players for both projects. When the population is mixed, the set of stable strategy profiles is a refinement of the set of Nash equilibrium strategy profiles. In fact, turning myopic players into farsighted ones eliminates gradually the inefficient Nash equilibria. Finally, we consider a social planner who can improve coordination by means of two policy instruments: adding links to the network (socialization) and/or turning myopic players into farsighted ones (education).

2017 ◽  
Vol 4 (11) ◽  
pp. 171361 ◽  
Author(s):  
Ramón Alonso-Sanz

This article studies correlated two-person games constructed from games with independent players as proposed in Iqbal et al. (2016 R. Soc. open sci. 3 , 150477. ( doi:10.1098/rsos.150477 )). The games are played in a collective manner, both in a two-dimensional lattice where the players interact with their neighbours, and with players interacting at random. Four game types are scrutinized in iterated games where the players are allowed to change their strategies, adopting that of their best paid mate neighbour. Particular attention is paid in the study to the effect of a variable degree of correlation on Nash equilibrium strategy pairs.


Electronics ◽  
2019 ◽  
Vol 8 (9) ◽  
pp. 995 ◽  
Author(s):  
Zeng ◽  
Liu ◽  
Wang ◽  
Lan

In the cognitive radio network (CRN), secondary users (SUs) compete for limited spectrum resources, so the spectrum access process of SUs can be regarded as a non-cooperative game. With enough artificial intelligence (AI), SUs can adopt certain spectrum access strategies through their learning ability, so as to improve their own benefit. Taking into account the impatience of the SUs with the waiting time to access the spectrum and the fact that the primary users (PUs) have preemptive priority to use the licensed spectrum in the CRN, this paper proposed the repairable queueing model with balking and reneging to investigate the spectrum access. Based on the utility function from an economic perspective, the relationship between the Nash equilibrium and the socially optimal spectrum access strategy of SUs was studied through the analysis of the system model. Then a reasonable spectrum pricing scheme was proposed to maximize the social benefits. Simulation results show that the proposed access mechanism can realize the consistency of Nash equilibrium strategy and social optimal strategy to maximize the benefits of the whole cognitive system.


2014 ◽  
Vol 51 (2) ◽  
pp. 436-452
Author(s):  
Shangzhen Luo

In this paper we study a reinsurance game between two insurers whose surplus processes are modeled by arithmetic Brownian motions. We assume a minimax criterion in the game. One insurer tries to maximize the probability of absolute dominance while the other tries to minimize it through reinsurance control. Here absolute dominance is defined as the event that liminf of the difference of the surplus levels tends to -∞. Under suitable parameter conditions, the game is solved with the value function and the Nash equilibrium strategy given in explicit form.


2014 ◽  
Vol 51 (02) ◽  
pp. 436-452 ◽  
Author(s):  
Shangzhen Luo

In this paper we study a reinsurance game between two insurers whose surplus processes are modeled by arithmetic Brownian motions. We assume a minimax criterion in the game. One insurer tries to maximize the probability of absolute dominance while the other tries to minimize it through reinsurance control. Here absolute dominance is defined as the event that liminf of the difference of the surplus levels tends to -∞. Under suitable parameter conditions, the game is solved with the value function and the Nash equilibrium strategy given in explicit form.


Author(s):  
Shuxin Li ◽  
Xiaohong Li ◽  
Jianye Hao ◽  
Bo An ◽  
Zhiyong Feng ◽  
...  

The Man-in-the-Middle (MITM) attack has become widespread in networks nowadays. The MITM attack would cause serious information leakage and result in tremendous loss to users. Previous work applies game theory to analyze the MITM attack-defense problem and computes the optimal defense strategy to minimize the total loss. It assumes that all defenders are cooperative and the attacker know defenders' strategies beforehand. However, each individual defender is rational and may not have the incentive to cooperate. Furthermore, the attacker can hardly know defenders' strategies ahead of schedule in practice. To this end, we assume that all defenders are self-interested and model the MITM attack-defense scenario as a simultaneous-move game. Nash equilibrium is adopted as the solution concept which is proved to be always unique. Given the impracticability of computing Nash equilibrium directly, we propose practical adaptive algorithms for the defenders and the attacker to learn towards the unique Nash equilibrium through repeated interactions. Simulation results show that the algorithms are able to converge to Nash equilibrium strategy efficiently.


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