scholarly journals The price of anarchy — on the roads and in football

Significance ◽  
2013 ◽  
Vol 10 (3) ◽  
pp. 25-30 ◽  
Author(s):  
Brian Skinner ◽  
Brad Carlin
Keyword(s):  
Author(s):  
Aleksandr Belov ◽  
Konstantinos Mattas ◽  
Michail Makridis ◽  
Monica Menendez ◽  
Biagio Ciuffo

Author(s):  
M'hamed Outanoute ◽  
Hamid Garmani ◽  
Mohamed Baslam ◽  
Rachid El Ayachi ◽  
Belaid Bouikhalene

In internet market, content providers (CPs) continue to play a primordial role in the process of accessing different types of data. Competition in this area is fierce; customers are looking for providers that offer them good content (credibility of content and quality of service) with a reasonable price. In this work, the authors analyze this competition between CPs and the economic influence of their strategies on the market. The authors formulate their problem as a non-cooperative game among multiple CPs for the same market. Through a detailed analysis, the researchers prove uniqueness of a pure Nash Equilibrium (NE). Furthermore, a fully distributed algorithm to converge on the NE point is presented. In order to quantify how efficient the NE point is, a detailed analysis of the Price of Anarchy (PoA) is adopted to ensure the performance of the system at equilibrium. Finally, an extensive numerical study is provided to describe the interactions between CPs and to point out the importance of quality of service (QoS) and credibility of content in the market.


Author(s):  
Erhan Bayraktar ◽  
Yuchong Zhang

We analyze a mean field tournament: a mean field game in which the agents receive rewards according to the ranking of the terminal value of their projects and are subject to cost of effort. Using Schrödinger bridges we are able to explicitly calculate the equilibrium. This allows us to identify the reward functions which would yield a desired equilibrium and solve several related mechanism design problems. We are also able to identify the effect of reward inequality on the players’ welfare as well as calculate the price of anarchy.


2016 ◽  
pp. 1611-1614
Author(s):  
George Christodoulou
Keyword(s):  

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