Cost Minimization for Equilibrium Transition
Abstract
In this paper, we delve into the problem of using monetary incentives to encourage players to shift from an initial Nash equilibrium to a more favorable one within a game. Our main focus revolves around computing the minimum reward required to facilitate this equilibrium transition. The game involves a single row player who possesses strategies and column players, each endowed with strategies. Our findings reveal that determining whether the minimum reward is zero is NP-complete, and computing the minimum reward becomes APX-hard. Nonetheless, we bring some positive news, as this problem can be efficiently handled if either or is a fixed constant. Furthermore, we have devised an approximation algorithm with an additive error that runs in polynomial time. Lastly, we explore a specific case wherein the utility functions exhibit single-peaked characteristics, and we successfully demonstrate that the optimal reward can be computed in polynomial time.
Keywords
Cite
@article{arxiv.2312.07603,
title = {Cost Minimization for Equilibrium Transition},
author = {Haoqiang Huang and Zihe Wang and Zhide Wei and Jie Zhang},
journal= {arXiv preprint arXiv:2312.07603},
year = {2023}
}
Comments
To appear in the proceeding of AAAI2024