Uncoupled Automata and Pure Nash Equilibria
We study the problem of reaching Nash equilibria in multi-person games that are repeatedly played, under the assumption of uncoupledness: every player knows only his own payoff function. We consider strategies that can be implemented by ?finite-state automata, and characterize the minimal number of states needed in order to guarantee that a pure Nash equilibrium is reached in every game where such an equilibrium exists.
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- Sergiu Hart & Andreu Mas-Colell, 2003. "Uncoupled Dynamics Do Not Lead to Nash Equilibrium," American Economic Review, American Economic Association, vol. 93(5), pages 1830-1836, December.
- Sergiu Hart & Andreu Mas-Colell, 2004.
"Stochastic uncoupled dynamics and Nash equilibrium,"
Economics Working Papers
783, Department of Economics and Business, Universitat Pompeu Fabra.
- Hart, Sergiu & Mas-Colell, Andreu, 2006. "Stochastic uncoupled dynamics and Nash equilibrium," Games and Economic Behavior, Elsevier, vol. 57(2), pages 286-303, November.
- Sergiu Hart & Andreu Mas-Colell, 2004. "Stochastic Uncoupled Dynamics and Nash Equilibrium," Levine's Bibliography 122247000000000466, UCLA Department of Economics.
- Sergiu Hart & Andreu Mas-Colell, 2004. "Stochastic Uncoupled Dynamics and Nash Equilibrium," Discussion Paper Series dp371, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
- Sergiu Hart & Andreu Mas-Colell, 2004. "Stochastic Uncoupled Dynamics and Nash Equilibrium," Working Papers 174, Barcelona Graduate School of Economics.
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