Episode #83: Martin Schmid Designing Algo's to Beat the Market
Confessions Of A Market Maker
00:00
Game Theory in Markets?
Game theory gives you some notion of adverse error, adverse error settings. Game theory algorithms assume that there's other agents that are playing with the box also. And they either try to think about just maximizing your reward, but also thinking about the reward of the other agents as well. The crucial thing is that many of these algorithms allow you to find a policy that it's some sense robust to adverse or adverse error setting.
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