In this paper I consider a class of a gradual adjustment rules. I discuss conditions under which such a rule can be considered as an attempt to maximize a utility function. I also demonstrate that the optimal adjustment rule does not exists, i. e. no adjustment rule allows to arrive at the...

In this paper I take a dynamic point of view and 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...