Empirical Game Theoretic Models: Constrained Equilibrium & Simulation.

We propose an operational concept of Constrained Strategic Equilibrium (CSE) applicable to a broad class of empirical game theoreticmodels with incomplete information. By restricting the players' strategic sets, we can compute solutions from a strategic form of analyis based upon auxiliary Monte Carlo (MC) simulations.

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Year of publication:	1998
Authors:	Armantier, O. ; Florens, J.-P. ; Richard, J.-F.
Institutions:	Groupe de Recherche en Économie Mathématique et Quantitative (GREMAQ), Toulouse School of Economics (TSE)
Subject:	GAME THEORY \| ECONOMETRICS \| STATISTICAL ANALYSIS

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Series:	Toulouse - GREMAQ.
Type of publication:	Book / Working Paper
Notes:	49 pages
Classification:	C70 - Game Theory and Bargaining Theory. General ; C51 - Model Construction and Estimation ; C00 - Mathematical and Quantitative Methods. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005639371