Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror
What's the story with these ads on Slashdot? Check out our new blog post to find out. ×
Math Science

What Computer Science Can Teach Economics 421

eldavojohn writes "A new award-winning thesis from an MIT computer science assistant professor showed that the Nash equilibrium of complex games (like the economy or poker) belong to problems with non-deterministic polynomial (NP) complexity (more specifically PPAD complexity, a subset of TFNP problems which is a subset of FNP problems which is a subset of NP problems). More importantly there should be a single solution for one problem that can be adapted to fit all the other problems. Meaning if you can generalize the solution to poker, you have the ability to discover the Nash equilibrium of the economy. Some computer scientists are calling this the biggest development in game theory in a decade."
This discussion has been archived. No new comments can be posted.

What Computer Science Can Teach Economics

Comments Filter:

Related Links Top of the: day, week, month.

I THINK MAN INVENTED THE CAR by instinct. -- Jack Handley, The New Mexican, 1988.

Working...