"As has often been the case with NP-completeness proofs, PPAD-completeness proofs will be eventually refined to cover simpler and more realistic looking classes of games. And then researchers will strive to identify even simpler classes." --Papadimitriou (chapter 2 of Algorithmic Game Theory book)
In a landmark paper, Papadimitriou introduced a ... more >>>
We show that the problem of finding an \epsilon-approximate Nash equilibrium af an n*n two-person game can be reduced to the computation of an (\epsilon/n)^2-approximate market equilibrium of a Leontief economy. Together with a recent result of Chen, Deng and Teng, this polynomial reduction implies that the Leontief market exchange ... more >>>
By proving that the problem of computing a $1/n^{\Theta(1)}$-approximate Nash equilibrium remains \textbf{PPAD}-complete, we show that the BIMATRIX game is not likely to have a fully polynomial-time approximation scheme. In other words, no algorithm with time polynomial in $n$ and $1/\epsilon$ can compute an $\epsilon$-approximate Nash equilibrium of an $n\times ... more >>>