[PDF.13dv] Quantal Response Equilibrium: A Stochastic Theory of Games

Quantal Response Equilibrium: A Stochastic Theory of Games

[PDF.ao76] Quantal Response Equilibrium: A Stochastic Theory of Games

Quantal Response Equilibrium: A  Jacob K. Goeree, Charles A. Holt, Thomas R. Palfrey epub
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 | #1373416 in Books |  Princeton Univ Pr |  2016-06-28 | Original language:English | PDF # 1 |  9.30 x1.10 x6.40l,.0 | File type: PDF | 328 pages

 | Princeton Univ Pr

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||From the Back Cover||"This book brings together two decades of scholarship on an important model of boundedly rational behavior in strategic decision-making settings. Including numerous important applications in economics, political science, and pure game theory

Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and perfect decision making in games, but human behavior is inherently stochastic and people realize that the behavior of others is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and exten...

You easily download any file type for your device.Quantal Response Equilibrium: A Stochastic Theory of Games   |  Jacob K. Goeree, Charles A. Holt, Thomas R. Palfrey. I really enjoyed this book and have already told so many people about it!

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