NDLI: Incentivizing local behavior in distributed systems

Content Provider	IEEE Xplore Digital Library
Author	Marden, J.R.
Copyright Year	2013
Description	Author affiliation: Dept. of Electr., Comput., & Energy Eng., Univ. of Colorado, Boulder, CO, USA (Marden, J.R.)
Abstract	Game theory is a well-established discipline in the social sciences that is primarily used for modeling social behavior. Traditionally, the preferences of the individual agents are modeled as utility functions and the resulting behavior is assumed to be an equilibrium concept associated with these modeled utility functions, e.g., Nash equilibrium. This is in stark contrast to the role of game theory in engineering systems where the goal is to design both the agents' utility functions and an adaptation rule such that the resulting global behavior is desirable. The transition of game theory from a modeling tool for social systems to a design tool for engineering systems promotes several new research directions that we will discuss in this talk. In particular, this talk will focus on the question of how to design admissible agent utility functions such that the resulting game possesses desirable properties, e.g., the existence and efficiency of pure Nash equilibria. Our motivation for considering pure Nash equilibria stems from the fact that adaptation rules can frequently be derived which guarantee that the collective behavior will converge to such pure Nash equilibria.
Sponsorship	IEEE Control Syst. Soc.
Starting Page	2562
Ending Page	2562
File Size	89449
Page Count	1
File Format	PDF
ISBN	9781467357142
ISSN	07431546
e-ISBN	9781467357173
DOI	10.1109/CDC.2013.6760266
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-12-10
Publisher Place	Italy
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Games Game theory Economics Presses Educational institutions Computational modeling Adaptation models
Content Type	Text
Resource Type	Article
Subject	Control and Optimization Control and Systems Engineering Modeling and Simulation

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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