Introducing Nash equilibria via an online casual game which people actually play

نویسندگان

  • David Aldous
  • Weijian Han
چکیده

This is an extended write-up of a lecture introducing the concept of Nash equilibrium in the context of an auction-type game which one can observe being played by “ordinary people” in real time. In a simplified model we give an explicit formula for the Nash equilibrium. The actual game is more complicated and more interesting; players place a bid on one item (amongst several) during a time window; they can see the numbers, but not the values, of previous bids on each item. A complete theoretical analysis of the Nash equilibrium now seems a challenging research problem. We give an informal analysis and compare with data from the actual game.

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تاریخ انتشار 2014