If a player’s beliefs and the choices of others players are mutually consistent, then equilibrium theory predicts the game exactly. Thus, for a game where the players are in equilibrium, the economic value of equilibrium theory will be 0. O…theme of this paper, the model can explain when Nash equilibrium is reached surprisingly quickly (in the substitutes treatment), and can also explain when behavior is far from equilibrium (in the complements treatment). More importantly, th…
Siméon Denis Poisson
mathematician · 2 mentions across 1 reading
In this course
Poisson appears only as a passing reference in these excerpts, likely invoked for mathematical foundations of probability or distribution theory rather than for direct relevance to the course's focus on AI, cybernetics, and art. The excerpts themselves concern Nash equilibrium and game-theoretic behavior, suggesting Poisson may be cited for statistical or probabilistic underpinnings of equilibrium modeling rather than as a substantive theorist of the seminar's core concerns.
Mentioned in 1 reading
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