Issue |
Europhys. Lett.
Volume 48, Number 2, October II 1999
|
|
---|---|---|
Page(s) | 129 - 135 | |
Section | General | |
DOI | https://doi.org/10.1209/epl/i1999-00456-2 | |
Published online | 01 September 2002 |
Entropy and typical properties of Nash equilibria in two-player games
1
Institut für Theoretische Physik, Universität Magdeburg PF 4120, 39106 Magdeburg, Germany
2
Laboratoire de Physique Théorique (Unité Mixte de Recherche du Centre National de la Recherche Scientifique et de l'Ecole Normale Supérieure.) , Ecole Normale Supérieure 24 rue Lhomond, 75231 Paris cedex 05, France
Received:
17
May
1999
Accepted:
30
August
1999
We use techniques from the statistical mechanics of disordered systems to analyse the properties of Nash equilibria of bimatrix games with large random payoff matrices. By means of an annealed bound, we calculate their number and analyse the properties of typical Nash equilibria, which are exponentially dominant in number. We find that a randomly chosen equilibrium realizes almost always equal payoffs to either player. This value and the fraction of strategies played at an equilibrium point are calculated as a function of the correlation between the two payoff matrices. The picture is complemented by the calculation of the properties of Nash equilibria in pure strategies.
PACS: 05.20.-y – Classical statistical mechanics / 02.50.Le – Decision theory and game theory / 64.60.Cn – Order-disorder transformations; statistical mechanics of model systems
© EDP Sciences, 1999
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