TY - GEN
T1 - Subjective vs. Objective reality - The risk of running late
AU - Fiat, Amos
AU - Pochter, Hila
PY - 2008
Y1 - 2008
N2 - We study selfish agents that have a "distorted view" of reality. We introduce a framework of subjective vs. objective reality. This is very useful to model risk averse behavior. Natural quality of service issues can be cast as special cases thereof. In particular, we study two applicable variants of the price of anarchy paradigm, the subjective price of anarchy where one compares the "optimal" subjective outcome to the outcome that arises from selfish subjective reality agents, and the objective price of anarchy where one compares the optimal objective outcome to that derived by selfish subjective agents.
AB - We study selfish agents that have a "distorted view" of reality. We introduce a framework of subjective vs. objective reality. This is very useful to model risk averse behavior. Natural quality of service issues can be cast as special cases thereof. In particular, we study two applicable variants of the price of anarchy paradigm, the subjective price of anarchy where one compares the "optimal" subjective outcome to the outcome that arises from selfish subjective reality agents, and the objective price of anarchy where one compares the optimal objective outcome to that derived by selfish subjective agents.
UR - http://www.scopus.com/inward/record.url?scp=44449135488&partnerID=8YFLogxK
U2 - 10.1007/978-3-540-79309-0_25
DO - 10.1007/978-3-540-79309-0_25
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AN - SCOPUS:44449135488
SN - 3540793089
SN - 9783540793083
T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
SP - 279
EP - 290
BT - Algorithmic Game Theory - First International Symposium, SAGT 2008, Proceedings
PB - Springer Verlag
T2 - 1st International Symposium on Algorithmic Game Theory, SAGT 2008
Y2 - 30 April 2008 through 2 May 2008
ER -