A coevolutionary minimax algorithm for the detection of nash equilibrium

  • Authors:
  • Andrew Koh

  • Affiliations:
  • Institute for Transport Studies, University of Leeds, Leeds, United Kingdom

  • Venue:
  • SIDE'12 Proceedings of the 2012 international conference on Swarm and Evolutionary Computation
  • Year:
  • 2012

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Abstract

This paper introduces CoMiniMax, a coevolutionary Minimax algorithm, based on Differential Evolution, for the detection of Nash Equilibrium in games. We discuss the robust theoretical principles of the proposed algorithm. The algorithm is illustrated on examples in economics, transportation and deregulated electricity markets. Numerical experience demonstrates that the algorithm is a useful tool for the study of Nash Equilibrium problems.