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Computing dominance-based solution concepts

Published: 04 June 2012 Publication History

Abstract

Two common criticisms of Nash equilibrium are its dependence on very demanding epistemic assumptions and its computational intractability. We study the computational properties of less demanding set-valued solution concepts that are based on varying notions of dominance. These concepts are intuitively appealing, they always exist, and admit unique minimal solutions in important subclasses of games. Examples include Shapley's saddles, Harsanyi and Selten's primitive formations, Basu and Weibull's CURB sets, and Dutta and Laslier's minimal covering sets. We propose two generic algorithms for computing these concepts and investigate for which classes of games and which properties of the underlying dominance notion the algorithms are sound and efficient.

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cover image ACM Conferences
EC '12: Proceedings of the 13th ACM Conference on Electronic Commerce
June 2012
1016 pages
ISBN:9781450314152
DOI:10.1145/2229012
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 04 June 2012

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Author Tags

  1. curb sets
  2. game theory
  3. shapley's saddles
  4. solution concepts

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EC '12
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EC '12: ACM Conference on Electronic Commerce
June 4 - 8, 2012
Valencia, Spain

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Overall Acceptance Rate 664 of 2,389 submissions, 28%

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The 25th ACM Conference on Economics and Computation
July 7 - 11, 2025
Stanford , CA , USA

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