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  • Search: subject:"dynamic probabilistic choice models"
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dynamic probabilistic choice models 1 quantal response equilibrium 1
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Free 1
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Basov, Suren 1
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Department of Economics, Faculty of Business and Economics 1
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Department of Economics - Working Papers Series 1
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Quantal Response Equilibrium with Non-Monotone Probabilities: A Dynamic Approach
Basov, Suren - Department of Economics, Faculty of Business and Economics - 2003
Abstract In this paper I will give an example of a population game and of a locally improving stochastic learning process such that the quantal response equilibrium assigns to the different strategies the probabilities that are non-monotone in the payoffs. Moreover, if the initial state...
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