Price of anarchy beyond symmetry and homogeneous costs in network games
Determine bounds or exact characterizations for the price of anarchy in the quadratic network game where each agent i chooses x_i ≥ 0 and has payoff u_i(x) = - (1/2) γ_i x_i^2 + (β_i + ∑_{j ≠ i} g_{ij} x_j) x_i, without imposing that the cost coefficients γ_i are equal across i and without assuming that the induced spillover matrix M with entries m_{ij} = g_{ij}/γ_i is symmetric. The goal is to quantify inefficiency of Nash equilibria relative to social optima under these general conditions.
References
The most obvious open question is what can be said about the price anarchy when we dispense with the strong assumptions that $\gamma_i$ is constant across $i$ and $M$ is symmetric.
— Eigenvalues in microeconomics
(2502.12309 - Golub, 17 Feb 2025) in Paragraph “Toward Open Questions” within the section “Games on Networks”