Abstract
We use ideas from distributed computing and game theory to study dynamic and decentralized environments in which computational nodes, or decision makers, interact strategically and with limited information. In such environments, which arise in many real-world settings, the participants act as both economic and computational entities. We exhibit a general non-convergence result for a broad class of dynamics in asynchronous settings. We consider implications of our result across a wide variety of interesting and timely applications: game dynamics, circuit design, social networks, Internet routing, and congestion control. We also study the computational and communication complexity of testing the convergence of asynchronous dynamics. Our work opens a new avenue for research at the intersection of distributed computing and game theory.
Original language | English |
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Article number | 15 |
Journal | ACM Transactions on Economics and Computation |
Volume | 5 |
Issue number | 3 |
DOIs | |
State | Published - Aug 2017 |
Bibliographical note
Publisher Copyright:© 2017 ACM.
Keywords
- Adaptive heuristics
- Game dynamics
- Self stabilization