Algorithmic game theory: playing by a new set of rules
Life is a game, so the saying goes, and people play to win. All kinds of interactions in our lives involve strategic decision-making by independent 'actors', each wanting what is best for them, with distinct outcomes that are likely to conflict. Game theory has been used to model diverse situations (including financial decisions and politics) in which users' self-interests are at odds. Algorithmic game theory is an intersection between game theory and computer science, arising from an interest in modelling the Internet world, where each user wants information and is not concerned with the effect on others. Given its critical importance to modelling real-world scenarios, the EU-funded RAGT project sets out to significantly increase its applicability through major enhancements to existing theories and methods.
Field of science
- /natural sciences/mathematics/applied mathematics/game theory
- /natural sciences/computer and information sciences/internet
Call for proposal
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