Nash Equilibria in Certain Two-Choice Multi-Player Games Played on the Ladder Graph

Author:

Muñoz Victoria Sánchez1,Mc Gettrick Michael1

Affiliation:

1. School of Mathematics, Statistics and Applied Mathematics, National University of Ireland Galway, Galway, Ireland

Abstract

In this paper, we compute analytically the number of Nash Equilibria (NE) for a two-choice game played on a (circular) ladder graph with [Formula: see text] players. We consider a set of games with generic payoff parameters, with the only requirement that a NE occurs if the players choose opposite strategies (anti-coordination game). The results show that for both, the ladder and circular ladder, the number of NE grows exponentially with (half) the number of players [Formula: see text], as [Formula: see text], where [Formula: see text] is the golden ratio and [Formula: see text]. In addition, the value of the scaling factor [Formula: see text] depends on the value of the payoff parameters. However, that is no longer true for the circular ladder (3-degree graph), that is, [Formula: see text] is constant, which might suggest that the topology of the graph indeed plays an important role for setting the number of NE.

Publisher

World Scientific Pub Co Pte Lt

Subject

Statistics, Probability and Uncertainty,Business and International Management,General Computer Science

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