A payoff-based learning procedure and its application to traffic games

B-Tier
Journal: Games and Economic Behavior
Year: 2010
Volume: 70
Issue: 1
Pages: 71-83

Authors (3)

Cominetti, Roberto (not in RePEc) Melo, Emerson (not in RePEc) Sorin, Sylvain (Université Pierre et Marie Cur...)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A stochastic process that describes a payoff-based learning procedure and the associated adaptive behavior of players in a repeated game is considered. The process is shown to converge almost surely towards a stationary state which is characterized as an equilibrium for a related game. The analysis is based on techniques borrowed from the theory of stochastic algorithms and proceeds by studying an associated continuous dynamical system which represents the evolution of the players' evaluations. An application to the case of finitely many users in a congested traffic network with parallel links is considered. Alternative descriptions for the dynamics and the corresponding rest points are discussed, including a Lagrangian representation.

Technical Details

RePEc Handle
repec:eee:gamebe:v:70:y:2010:i:1:p:71-83
Journal Field
Theory
Author Count
3
Added to Database
2026-01-29