Differentiable Economics: Strategic Behavior, Mechanisms, and Machine Learning.

Differentiable economics applies neural networks and machine learning to reformulate economic models as differentiable structures, allowing the use of gradient-based optimization. This framework addresses the difficulty of finding Bayes–Nash equilibria in auctions and market games by combining reinf...

Descripción completa

Detalles Bibliográficos
Publicado en:Communications of the ACM Vol. 68; no. 9; pp. 80 - 89
Autores principales: Bichler, Martin, Parkes, David C.
Formato: Artículo
Publicado: Association for Computing Machinery Sep2025
Materias:
Acceso en línea:Ver este registro en EBSCOhost
fields @attributes:
  recordID: 1
pdfLink:
plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=187620990&site=ehost-live
header:
  @attributes:
    shortDbName: hlh
    uiTerm: 187620990
    longDbName: Humanities International Complete
    uiTag: AN
  controlInfo:
    bkinfo:
    jinfo:
      jid:
        00010782
        ACM
      jtl: Communications of the ACM
      issn: 00010782
      maglogo: N
    pubinfo:
      dt: Sep2025
      vid: 68
      iid: 9
      pid: 68
      pub: Association for Computing Machinery
    artinfo:
      ui:
        187620990
        10.1145/3725809
      ppf: 80
      ppct: 9
      formats:
      tig:
        atl: Differentiable Economics: Strategic Behavior, Mechanisms, and Machine Learning.
      aug:
        au:
          Bichler, Martin
          Parkes, David C.
        affil:
          Technical University of Munich, Munchen, Bavaria, Germany
          Harvard University, Boston, Massachusetts, United States
      su:
        Differentiable functions
        Economic models
        Machine learning
        Artificial neural networks
        Optimization algorithms
        Game theory
      sug:
        subj:
          Differentiable functions
          Economic models
          Machine learning
          Artificial neural networks
          Optimization algorithms
          Game theory
      ab: Differentiable economics applies neural networks and machine learning to reformulate economic models as differentiable structures, allowing the use of gradient-based optimization. This framework addresses the difficulty of finding Bayes–Nash equilibria in auctions and market games by combining reinforcement learning with self-play, thus overcoming traditional computational obstacles in game theory. Beyond equilibrium analysis, the approach also enables automated mechanism design, yielding revenue-maximizing auctions and other solutions that are inaccessible through purely analytical methods.
      pubtype: Periodical
      doctype: Article
      src: R
    language: English
    refInfo:
    copyright:
      @attributes:
        flag: Y
      dt:
        @attributes:
          year: 2025
    holdings:
      @attributes:
        islocal: N