AGT in CACM
Tim Roughgarden briefly reviews algorithmic game theory in the latest edition of the CACM. He frames algorithmic game theory as a field addressesing the follows basic questions:
- To what extent is "incentive-compatible" efficient computation fundamentally less powerful than "classical" efficient computation?
- When, and in what senses, are game-theoretic equilibria guaranteed to approximately optimize natural objective functions?
- When can the participants of a game quickly converge to an equilibrium? More modestly, when can a centralized algorithm quickly compute an equilibrium?
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