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Approximate Well-supported Nash Equilibria Below Two-thirds

  • John Fearnley
    ,
  • Paul W. Goldberg
    ,
  • Rahul Savani
    ,
  • Troels Bjerre Sørensen
  • University of Liverpool
    ,
  • University of Oxford
    ,
Research Output:
Journal Article or Conference Article in Journal
Journal article
Peer-review

Open access

Publication Information

Output type

Research Output:
Journal Article or Conference Article in Journal
Journal article
Peer-review

Original language

English

Pages from-to (Number of pages)

Pages 297-319 (23 pages)

Journal (Volume, Issue Number)

Algorithmica (Volume 76, Issue 2)

Publication milestones

  • Published - 2015

Publication status

Published - 2015

ISSN

0178-4617

Publication IDs

  • Scopus: 84937945794

Abstract

In an ε-Nash equilibrium, a player can gain at most ε by changing his behaviour. Recent work has addressed the question of how best to compute ε-Nash equilibria, and for what values of ε a polynomial-time algorithm exists. An ε-well-supported Nash equilibrium (ε-WSNE) has the additional requirement that any strategy that is used with non-zero probability by a player must have payoff at most ε less than a best response. A recent algorithm of Kontogiannis and Spirakis shows how to compute a 2/3-WSNE in polynomial time, for bimatrix games. Here we introduce a new technique that leads to an improvement to the worst-case approximation guarantee.

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