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cs.GT2025
Downside Risk-Aware Equilibria for Strategic Decision-Making
Oliver Slumbers, Benjamin Patrick Evans, Sumitra Ganesh +1
Game theory has traditionally had a relatively limited view of risk based on how a player's expected reward is impacted by the uncertainty of the actions of other players. Recently…
cs.GT2025
Decentralized Convergence to Equilibrium Prices in Trading Networks
Edwin Lock, Benjamin Patrick Evans, Eleonora Kreacic +4
We propose a decentralized market model in which agents can negotiate bilateral contracts. This builds on a similar, but centralized, model of trading networks introduced by Hatfie…