Pure Nash equilibria in restricted budget games
Maximilian Drees (),
Matthias Feldotto (),
Sören Riechers () and
Alexander Skopalik ()
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Maximilian Drees: University of Twente
Matthias Feldotto: Paderborn University
Sören Riechers: Paderborn University
Alexander Skopalik: Paderborn University
Journal of Combinatorial Optimization, 2019, vol. 37, issue 2, No 13, 620-638
Abstract:
Abstract In budget games, players compete over resources with finite budgets. For every resource, a player has a specific demand and as a strategy, he chooses a subset of resources. If the total demand on a resource does not exceed its budget, the utility of each player who chose that resource equals his demand. Otherwise, the budget is shared proportionally. In the general case, pure Nash equilibria (NE) do not exist for such games. In this paper, we consider the natural classes of singleton and matroid budget games with additional constraints and show that for each, pure NE can be guaranteed. In addition, we introduce a lexicographical potential function to prove that every matroid budget game has an approximate pure NE which depends on the largest ratio between the different demands of each individual player.
Keywords: Congestion games; Pure Nash equilibrium; Existence; Convergence; Complexity; Approximation (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1007/s10878-018-0269-7
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