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Check out Camerer, behavioral game theory, 2003 Princeton. Good exposition of Quantal Response equilibria. Its a simple idea, I think. Its a generalization of Nash equilibria where agents play "better" responses to each other, rather than "best" responses. [Manage messages]
04/29/2003 07:23 PM by Matt; Quantal Response Eq. - Help! | I'm studying game theory over my break before I start college, and I'd like to learn about Quantal Response Equilibria. I downloaded McKelvey and Palfrey's paper, but it's all too mathematical and complex for me. If anyone can help me [View full text and thread]
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