4 papers
Balancing Morality and Economics: Population Games with Herding and Inertia
Raghupati Vyas, Harsitha Devaraj, Veeraruna Kavitha
The adoption of clean technologies (CTs) plays an important role in reducing carbon dioxide (CO) emissions. We study CT adoption in a large population of consumers with heterog…
Games with Rational and Herding Players
Raghupati Vyas, Khushboo Agarwal, Konstantin Avrachenkov +1
Classical game theory is a powerful framework to analyze the strategic interactions among rational players. However, in many real-life scenarios, players choose actions based on th…
Multi-type random game dynamics: limits at discontinuities and cyclic limits
Raghupati Vyas, Kousik Das, Veeraruna Kavitha +1
We consider (random) strategic interactions in a large population consisting of a variety of players. A rational player chooses actions that maximise certain utility functions, whi…
Balancing rationality and social influence: Alpha-rational Nash equilibrium in games with herding
Khushboo Agarwal, Konstantin Avrachenkov, Veeraruna Kavitha +1
The classical game theory models rational players and proposes Nash equilibrium (NE) as the solution. However, real-world scenarios rarely feature rational players; instead, player…