1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario registrado en Universia

Detalles del recurso


We investigate the use of standard statistical models for quantal choice in a game theoretic setting. Players choose strategies based on relative expected utility and assume other players do so as well. We define a quantal response equilibrium (ORE) as a fixed point of this process and establish existence. For a logit specification of the error structure, we show that as the error goes to zero, QRE approaches a subset of Nash equilibria and also implies a unique selection from the set of Nash equilibria in generic games. We fit the model to a variety of experimental data sets by using maximum likelihood estimation.

Pertenece a

Caltech Authors  


McKelvey, Richard D. -  Palfrey, Thomas R. - 

Id.: 70526487

Versión: 1.0

Estado: Final

Tipo de recurso: Article  -  PeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Requerimientos técnicos:  Browser: Any - 

Relación: [References] http://resolver.caltech.edu/CaltechAUTHORS:20171128-164515991
[References] https://authors.library.caltech.edu/83557/

Fecha de contribución: 30-nov-2017


* McKelvey, Richard D. and Palfrey, Thomas R. (1995) Quantal response equilibria for normal form games. Games and Economic Behavior, 10 (1). pp. 6-38. ISSN 0899-8256. http://resolver.caltech.edu/CaltechAUTHORS:20171128-164515991

Otros recursos del mismo autor(es)

  1. An experimental study of storable votes The storable votes mechanism is a voting method for committees that meet periodically to consider a ...
  2. Experiments in political economy [No abstract]
  3. Ignorance and bias in collective decisions We study theoretically and experimentally committee decision making with common interests. Committee...
  4. Ratifiable Mechanisms: Learning from Disagreement In a mechanism design problem, participation constraints require that all types prefer the proposed ...
  5. Testing game-theoretic models of free riding: New evidence on probability bias and learning [No abstract]

Otros recursos de la mismacolección

  1. Electric field conjugation with the project 1640 coronagraph The Project 1640 instrument on the 200-inch Hale telescope at Palomar Observatory is a coronagraphic...
  2. A catenin-dependent balance between N-cadherin and E-cadherin controls neuroectodermal cell fate choices Characterizing endogenous protein expression, interaction and function, this study identifies in viv...
  3. A microwave kinetic inductance camera for sub/millimeter astrophysics The MKID Camera is a millimeter/submillimeter instrument being built for astronomical observations f...
  4. Antenna-coupled TES bolometer arrays for CMB polarimetry We describe the design and performance of polarization selective antenna-coupled TES arrays that wil...
  5. Instrumentation for the CCAT Telescope We present a first cut instrument design package for the proposed 25 meter Cornell-Caltech Atacama T...

Aviso de cookies: Usamos cookies propias y de terceros para mejorar nuestros servicios, para análisis estadístico y para mostrarle publicidad. Si continua navegando consideramos que acepta su uso en los términos establecidos en la Política de cookies.