Award-winning theory from Microsoft researcher goes beyond famous Nash Equilibrium

Award-winning theory from Microsoft researcher goes beyond famous Nash Equilibrium

Posted by George Thomas Jr.

Award-winning theory goes beyond Nash Equilibrium

Microsoft researcher Vasilis Syrgkanis and two colleagues this week unveiled a new approach to understanding and optimizing online bidding and auctions, with implications far beyond the online advertising marketplace in which their study was based.

Working with Denis Nekipelov of the University of Virginia and Eva Tardos of Cornell University, their research, Econometrics for Learning Agents, goes beyond the long-standing approach of applying the famous Nash Equilibrium when analyzing online interactions. It was the only submission to receive the Best Paper award at the ACM Economics and Computation 2015 conference in Portland, Ore., this week.

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