Octavo, vii, xv, xxxviii, 296 pages. In Very Good minus condition. Bound in the publisher's blue and blue cloth bearing white lettering to the spine. Boards have slight wear including slight soiling, sparse scuffs/scratches and minor edge wear. Text block has minimal wear. Illustrated. First edition. NOTE: Shelved in Locked Annex, Column CC. 1412050. FP New Rockville Stock.

Seller Inventory # 1412050

Contact seller

Report this item

Bibliographic Details

Title: SIMPLE ADAPTIVE STRATEGIES: FROM REGRET-MATCHING TO UNCOUPLED DYNAMICS
Publisher: World Scientific Publishing, Hackensack and London
Publication Date: 2013
Language: English
ISBN 10: 9814390690
ISBN 13: 9789814390699
Binding: Hardcover
Edition: First Edition.
Weight: 2 pounds

About this title

Synopsis

This volume collects almost two decades of joint work of Sergiu Hart and Andreu Mas-Colell on game dynamics and equilibria. The starting point was the introduction of the adaptive strategy called regret-matching, which on the one hand is simple and natural, and on the other is shown to lead to correlated equilibria. This initial finding -- boundedly rational behavior that yields fully rational outcomes in the long run -- generated a large body of work on the dynamics of simple adaptive strategies. In particular, a natural condition on dynamics was identified: uncoupledness, whereby decision-makers do not know each other's payoffs and utilities (so, while chosen actions may be observable, the motivations are not). This condition turns out to severely limit the equilibria that can be reached. Interestingly, there are connections to the behavioral and neurobiological sciences and also to computer science and engineering (e.g., via notions of "regret").Simple Adaptive Strategies is self-contained and unified in its presentation. Together with the formal treatment of concepts, theorems, and proofs, significant space is devoted to informal explanations and illuminating examples. It may be used for advanced graduate courses -- in game theory, economics, mathematics, computer science, engineering -- and for further research.

From the Back Cover

This volume collects almost two decades of joint work of Sergiu Hart and Andreu Mas-Colell on game dynamics and equilibria. The starting point was the introduction of the adaptive strategy called regret-matching, which on the one hand is simple and natural, and on the other is shown to lead to correlated equilibria. This initial finding boundedly rational behavior that yields fully rational outcomes in the long run generated a large body of work on the dynamics of simple adaptive strategies. In particular, a natural condition on dynamics was identified: uncoupledness, whereby decision-makers do not know each other's payoffs and utilities (so, while chosen actions may be observable, the motivations are not). This condition turns out to severely limit the equilibria that can be reached. Interestingly, there are connections to the behavioral and neurobiological sciences and also to computer science and engineering (e.g., via notions of "regret").

Simple Adaptive Strategies is self-contained and unified in its presentation. Together with the formal treatment of concepts, theorems, and proofs, significant space is devoted to informal explanations and illuminating examples. It may be used for advanced graduate courses in game theory, economics, mathematics, computer science, engineering and for further research.

"About this title" may belong to another edition of this title.

Store Description

DC's Oldest Rare and Used Bookstore, Second Story Books operates two open shops in the Washington D.C. metropolitan area. We have an extensive internet presence, provide accredited appraisals member ASA, and have an in house book binder. For more information go to www.secondstorybooks.com

Visit Seller's Storefront

Association Member

Members of these associations are committed to maintaining the highest standards. They vouch for the authenticity of all items offered for sale. They provide expert and detailed descriptions, disclose all significant defects and/or restorations, provide clear and accurate pricing, and operate with fairness and honesty during the purchase experience.

Seller's business information

Second Story Books, ABAA
12160 Parklawn Dr, Rockville, MD, 20852, U.S.A.

Sale & Shipping Terms

Terms of Sale

INCLUDE THE BOOKSELLER INVENTORY/CATALOG NUMBER OF THE TITLE(S) IN QUESTION IN ANY CORRESPONDENCE. Failure to do so may delay responses to inquiries.

PLEASE DO NOT SEND CHECKS OR MONEY ORDERS WITHOUT PRIOR CONFIRMATION OF THE BOOK'S AVAILABILITY. DO NOT SEND CHECKS OR MONEY ORDERS WITHOUT REFERENCE TO THE COMPLETE TITLE & INVENTORY NUMBER

International customers are responsible for all Duties/Taxes/VATs/etc. imposed by their government

**With international shipments, once a package leaves the Un...

More Information

Shipping Terms

For international shipping, there is really only one method now, Air. So we state one price. We shall gladly reduce your shipping charge if the cost is less than our quoted rate; likewise, if your package costs significantly more, we'll request that you pay an additional amount.

Shipping rates within U.S.A.

Shipping rates within U.S.A.
Order quantity	5 to 14 business days	3 to 6 business days
First item	US$ 7.00	US$ 11.00

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.