A Genetic Algorithm approach to Asymmetrical Blotto Games with Heterogeneous Valuations
Aymeric Vie
Papers from arXiv.org
Abstract:
Blotto Games are a popular model of multi-dimensional strategic resource allocation. Two players allocate resources in different battlefields in an auction setting. While competition with equal budgets is well understood, little is known about strategic behavior under asymmetry of resources. We introduce a genetic algorithm, a search heuristic inspired from biological evolution, interpreted as social learning, to solve this problem. Most performant strategies are combined to create more performant strategies. Mutations allow the algorithm to efficiently scan the space of possible strategies, and consider a wide diversity of deviations. We show that our genetic algorithm converges to the analytical Nash equilibrium of the symmetric Blotto game. We present the solution concept it provides for asymmetrical Blotto games. It notably sees the emergence of "guerilla warfare" strategies, consistent with empirical and experimental findings. The player with less resources learns to concentrate its resources to compensate for the asymmetry of competition. When players value battlefields heterogeneously, counter strategies and bidding focus is obtained in equilibrium. These features are consistent with empirical and experimental findings, and provide a learning foundation for their existence.
Date: 2021-03
New Economics Papers: this item is included in nep-cmp, nep-exp and nep-gth
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2103.14372
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