Highly Influenced

@inproceedings{Sureka2005ApplyingMT, title={Applying metaheuristic techniques to search the space of bidding strategies in combinatorial auctions}, author={Ashish Sureka and Peter R. Wurman}, booktitle={GECCO}, year={2005} }

- Published 2005 in GECCO
DOI:10.1145/1068009.1068356

Many non-cooperative settings that could potentially be studied using game theory are characterized by having very large strategy spaces and payoffs that are costly to compute. Best response dynamics is a method of searching for pure-strategy equilibria in games that is attractive for its simplicity and scalability (relative to more analytical approaches). However, when the cost of determining the outcome of a particular set of joint strategies is high, it is impractical to compute the payoffs… CONTINUE READING

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