👓 In Game Theory, No Clear Path to Equilibrium | Quanta Magazine

Read In Game Theory, No Clear Path to Equilibrium by Erica Klarreich (Quanta Magazine)

John Nash’s notion of equilibrium is ubiquitous in economic theory, but a new study shows that it is often impossible to reach efficiently.

There’s a couple of interesting sounding papers in here that I want to dig up and read. There are some great results that sound like they are crying out for better generalization and classification. Perhaps some overlap with information theory and complexity?

To some extent I also find myself wondering about repeated play as a possible random walk versus larger “jumps” in potential game play and the effects this may have on the “evolution” of a solution by play instead of a simpler closed mathematical solution.