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The Buck-Passing Game
Indexado
WoS WOS:000731930100001
Scopus SCOPUS_ID:85140012775
DOI 10.1287/MOOR.2021.1186
Año 2021
Tipo artículo de investigación

Citas Totales

Autores Afiliación Chile

Instituciones Chile

% Participación
Internacional

Autores
Afiliación Extranjera

Instituciones
Extranjeras


Abstract



We consider two classes of games in which players are the vertices of a directed graph. Initially, nature chooses one player according to some fixed distribution and gives the player a buck. This player passes the buck to one of the player's out-neighbors in the graph. The procedure is repeated indefinitely. In one class of games, each player wants to minimize the asymptotic expected frequency of times that the player receives the buck. In the other class of games, the player wants to maximize it. The PageRank game is a particular case of these maximizing games. We consider deterministic and stochastic versions of the game, depending on how players select the neighbor to which to pass the buck. In both cases, we prove the existence of pure equilibria that do not depend on the initial distribution; this is achieved by showing the existence of a generalized ordinal potential. If the graph on which the game is played admits a Hamiltonian cycle, then this is the outcome of prior-five Nash equilibrium in the minimizing game. For the minimizing game, we then use the price of anarchy and stability to measure fairness of these equilibria.

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Disciplinas de Investigación



WOS
Mathematics, Applied
Operations Research & Management Science
Scopus
Sin Disciplinas
SciELO
Sin Disciplinas

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Publicaciones WoS (Ediciones: ISSHP, ISTP, AHCI, SSCI, SCI), Scopus, SciELO Chile.

Colaboración Institucional



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Autores - Afiliación



Ord. Autor Género Institución - País
1 COMINETTI-COTTI-COMETTI, ROBERTO MARIO Hombre Universidad Adolfo Ibáñez - Chile
2 Quattropani, Matteo Hombre Luiss Univ - Italia
Luiss University - Italia
3 Scarsini, Marco Hombre Luiss Univ - Italia
Luiss University - Italia

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Financiamiento



Fuente
Fondo Nacional de Desarrollo Científico y Tecnológico
Comisión Nacional de Investigación Científica y Tecnológica
European Cooperation in Science and Technology
Complex Engineering Systems Institute
Instituto de Sistemas Complejos de Ingeniería
Fondo Nacional de Desarrollo Cientfico y Tecnologico
Universidad Adolfo Ibanez
Gruppo Nazionale per l'Analisi Matematica, la Probabilità e le loro Applicazioni
Nucleo Milenio "Informacion y Coordinacion en Redes
COST action GAMENET
Gruppo Nazionale per l'Analisi Matematica, la Probabilita e le loro Applicazioni, Istituto Nazionale di Alta Matematica 2020 "Random walks on random games"
Progetti di Rilevante Interesse Nazionale 2017 "Algorithms, Games, and Digital Markets"
European Cooperation in Science and Technology Action European Network for Game Theory
Istituto Nazionale di Alta Matematica 2020
Luiss University

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Agradecimientos



Agradecimiento
Roberto Cominetti's research was partially supported by the Complex Engineering Systems Institute [Grant ICM-FIC: P05-004-F, CONICYT: FB0816] . Marco Scarsini's research was partially supported by Fondo Nacional de Desarrollo Cientfico y Tecnologico [Grant 1130564] and Nucleo Milenio "Informacion y Coordinacion en Redes" [Grant RC130003] . This research project received partial support from the COST action GAMENET, the Gruppo Nazionale per l'Analisi Matematica, la Probabilita e le loro Applicazioni, Istituto Nazionale di Alta Matematica 2020 "Random walks on random games," the European Cooperation in Science and Technology Action European Network for Game Theory, and the Progetti di Rilevante Interesse Nazionale 2017 "Algorithms, Games, and Digital Markets."
The authors thank two anonymous referees, the associate editor, and the area editor for their insightful comments and for pointing out several relevant references. M. Quattropani gratefully thanks Pietro Caputo for several interesting discussions. M. Quattropani and M. Scarsini are members of the Gruppo Nazionale per l’Analisi Matematica, la Probabilità e le loro Applicazioni, Istituto Nazionale di Alta Matematica. R. Cominetti gratefully acknowledges the support of Luiss University during a visit in which this research was initiated. M. Scarsini gratefully acknowledges the support and hospitality of Universidad Adolfo Ibáñez.

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