Inapproximability results for approximate Nash equilibria

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Abstract: We study the problem of finding approximate Nash equilibria that satisfy certain conditions, such as providing good social welfare. In particular, we study the problem epsilon-NE delta-SW: find an epsilon-approximate Nash equilibrium (epsilon-NE) that is within delta of the best social welfare achievable by an epsilon-NE. Our main result is that, if the exponential-time hypothesis (ETH) is true, then solving left(frac18−mathrmO(delta)ight)-NE mathrmO(delta)-SW for an nimesn bimatrix game requires nmathrmwidetildeOmega(logn) time. Building on this result, we show similar conditional running time lower bounds on a number of decision problems for approximate Nash equilibria that do not involve social welfare, including maximizing or minimizing a certain player's payoff, or finding approximate equilibria contained in a given pair of supports. We show quasi-polynomial lower bounds for these problems assuming that ETH holds, where these lower bounds apply to epsilon-Nash equilibria for all epsilon<frac18. The hardness of these other decision problems has so far only been studied in the context of exact equilibria.












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