Source: wikibot/price-of-anarchy
= Price of anarchy
{wiki=Price_of_anarchy}
The Price of Anarchy (PoA) is a concept from game theory and economics that quantifies the efficiency of equilibria in non-cooperative games. It measures how much worse the overall outcome of a system can be when individuals act in their own self-interest, compared to a scenario where they cooperate or are regulated to achieve a socially optimal outcome.