Fixed points (mathematics) | Game theory

Price of stability

In game theory, the price of stability (PoS) of a game is the ratio between the best objective function value of one of its equilibria and that of an optimal outcome. The PoS is relevant for games in which there is some objective authority that can influence the players a bit, and maybe help them converge to a good Nash equilibrium. When measuring how efficient a Nash equilibrium is in a specific game we often also talk about the price of anarchy (PoA), which is the ratio between the worst objective function value of one of its equilibria and that of an optimal outcome. (Wikipedia).

Price of stability
Video thumbnail

How Much Should I Spend on a Car?

In this video I talk about what a reasonable upper limit is for most people when it comes to cars. How much should you spend on a car? I answer this question and share my thoughts.

From playlist Finance

Video thumbnail

Business Math - Finance Math (21 of 30) Amortization - The Down Payment and Closing Costs

Visit http://ilectureonline.com for more math and science lectures! In this video I will explain all the costs that are involved in purchasing a home. Next video in this series can be seen at: https://youtu.be/j_A_2POry5I

From playlist BUSINESS MATH 2 FINANCE MATH

Video thumbnail

Percentage Change (3 of 4: Combining Increase & Decrease)

More resources available at www.misterwootube.com

From playlist Fractions, Decimals and Percentages

Video thumbnail

How To Calculate Your Average Cost Basis When Investing In Stocks

This video tutorial explains how to calculate the average cost basis or average cost per share when making multiple investment purchases of the same stock at different prices. Stock Trading Strategies For Beginners: https://www.youtube.com/watch?v=7IBzTZqeyo0 Call and Put Options: https:

From playlist Stocks and Bonds

Video thumbnail

Business Math - Finance Math (22 of 30) Amortization - The Effect of Interest Rates on Prices

Visit http://ilectureonline.com for more math and science lectures! In this video I will explain the effect of interest rate on the price of purchasing a home. Next video in this series can be seen at: http://youtu.be/moEZfOVpEog

From playlist BUSINESS MATH 2 FINANCE MATH

Video thumbnail

Calculus 1 Lecture 3.7 Part 6

Calculus 1 Lecture 3.7 Part 6: Optimization Problems Using Absolute Maximum and Absolute Minimum

From playlist Calculus 1 Playlist 1

Video thumbnail

Routing in cost-shared networks: equilibria and dynamics by Debmalya Panigrahi (part 1)

Games, Epidemics and Behavior URL: http://www.icts.res.in/discussion_meeting/geb2016/ DATES: Monday 27 Jun, 2016 - Friday 01 Jul, 2016 VENUE : Madhava lecture hall, ICTS Bangalore DESCRIPTION: The two main goals of this Discussion Meeting are: 1. To explore the foundations of policy d

From playlist Games, Epidemics and Behavior

Video thumbnail

Modern finance and Macroeconomics: connecting various threads by Srinivas Raghavendra

Modern Finance and Macroeconomics: A Multidisciplinary Approach URL: http://www.icts.res.in/program/memf2015 DESCRIPTION: The financial meltdown of 2008 in the US stock markets and the subsequent protracted recession in the Western economies have accentuated the need to understand the dy

From playlist Modern Finance and Macroeconomics: A Multidisciplinary Approach

Video thumbnail

Evolution in Changing Environments and Driven Disordered Systems by Joachim Krug

DISCUSSION MEETING: STATISTICAL PHYSICS OF COMPLEX SYSTEMS ORGANIZERS: Sumedha (NISER, India), Abhishek Dhar (ICTS-TIFR, India), Satya Majumdar (University of Paris-Saclay, France), R Rajesh (IMSc, India), Sanjib Sabhapandit (RRI, India) and Tridib Sadhu (TIFR, India) DATE: 19 December 20

From playlist Statistical Physics of Complex Systems - 2022

Video thumbnail

Changes in the AD-AS Model and the Phillips curve | APⓇ Macroeconomics | Khan Academy

Keep going! Check out the next lesson and practice what you’re learning: https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/ap-long-run-consequences-of-stabilization-policies/the-phillips-curve/a/the-phillips-curve In this video, the long-run Phillips curve is introduc

From playlist Long-run consequences of stabilization policies | AP Macroeconomics | Khan Academy

Video thumbnail

Stablecoins Are Unstable!

Sign up to Private Internet Access VPN using this link: https://www.privateinternetaccess.com/PatrickBoyle The $1.3tn cryptocurrency industry was on Thursday hit by one of its toughest challenges when stablecoin Tether — a critical cog in the market — failed to maintain its link with the

From playlist What is Happening In The Market?

Video thumbnail

Argentina's Economy

Currently the Chairman and CEO of DFC Associates, a consultancy firm, Mr. Cavallo was Argentina's Minister of Economy from 1991 to 1996 and in 2001, and Minister of Foreign Affairs from 1989 to 1991. He was elected National Congressman on two occasions, and also served as Chairman of the C

From playlist The MacMillan Report

Video thumbnail

Automatic stabilizers | National income and price determination | AP Macroeconomics | Khan Academy

Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/national-income-and-price-determinations/automatic-stabilizers-ap/v/automatic-stabilizers-ap-macroeconomics-khan-academy In a

From playlist AP Macroeconomics

Video thumbnail

Demand Curve as Marginal Benefit Curve

Thinking about a demand curve in terms of quantity driving price More free lessons at: http://www.khanacademy.org/video?v=KrkbbRxdDZ8

From playlist Supply, demand, and market equilibrium | AP Microeconomics | Khan Academy

Video thumbnail

ESS 280A Lecture 4: Climate Change - Part C

UCI ESS 280A: Special Topics in Earth System Science (Fall 2013) Lec 04. Special Topics in ESS -- Climate Change: The Science -- Part C View the complete course: http://ocw.uci.edu/courses/ess_280a_special_topics_in_earth_system_science.html Instructor: Michael J. Prather, Ph.D. License:

From playlist Earth System Science 280A: Special Topics in Earth System Science

Video thumbnail

23. England, Britain, and the World: Economic Development, 1660-1720

Early Modern England: Politics, Religion, and Society under the Tudors and Stuarts (HIST 251) Professor Wrightson discusses the remarkable growth of the British economy in the late seventeenth and early eighteenth centuries. He examines the changed context of stable population and price

From playlist Early Modern England with Keith E. Wrightson

Video thumbnail

Ex: Consumer Surplus (Linear)

This video provides an example of how to find the equilibrium point given the demand and supply functions. Then consumer surplus is found. Site: http://mathispower4u.com

From playlist Business Applications of Integration

Video thumbnail

Modern Finance and current crisis by Gary Dymski

Modern Finance and Macroeconomics: A Multidisciplinary Approach URL: http://www.icts.res.in/program/memf2015 DESCRIPTION: The financial meltdown of 2008 in the US stock markets and the subsequent protracted recession in the Western economies have accentuated the need to understand the dy

From playlist Modern Finance and Macroeconomics: A Multidisciplinary Approach

Related pages

Harmonic number | Price of anarchy | Game theory | Nash equilibrium