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title abstract layout series publisher issn id month tex_title firstpage lastpage page order cycles bibtex_author author date address container-title volume genre issued pdf extras
Survival of the strictest: Stable and unstable equilibria under regularized learning with partial information
In this paper, we examine the Nash equilibrium convergence properties of no-regret learning in general N -player games. For concreteness, we focus on the archetypal “follow the regularized leader” (FTRL) family of algorithms, and we consider the full spectrum of uncertainty that the players may encounter – from noisy, oracle-based feedback, to bandit, payoff-based information. In this general context, we establish a comprehensive equivalence between the stability of a Nash equilibrium and its support: a Nash equilibrium is stable and attracting with arbitrarily high probability if and only if it is strict (i.e., each equilibrium strategy has a unique best response). This equivalence extends existing continuous-time versions of the “folk theorem” of evolutionary game theory to a bona fide algorithmic learning setting, and it provides a clear refinement criterion for the prediction of the day-to-day behavior of no-regret learning in games.
inproceedings
Proceedings of Machine Learning Research
PMLR
2640-3498
giannou21a
0
Survival of the strictest: Stable and unstable equilibria under regularized learning with partial information
2147
2148
2147-2148
2147
false
Giannou, Angeliki and Vlatakis-Gkaragkounis, Emmanouil Vasileios and Mertikopoulos, Panayotis
given family
Angeliki
Giannou
given family
Emmanouil Vasileios
Vlatakis-Gkaragkounis
given family
Panayotis
Mertikopoulos
2021-07-21
Proceedings of Thirty Fourth Conference on Learning Theory
134
inproceedings
date-parts
2021
7
21