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A dynamic homotopy interpretation of the logistic quantal response equilibrium correspondence

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  • Turocy, Theodore L.

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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 51 (2005)
Issue (Month): 2 (May)
Pages: 243-263

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Handle: RePEc:eee:gamebe:v:51:y:2005:i:2:p:243-263

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Web page: http://www.elsevier.com/locate/inca/622836

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References

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  1. Ed Hopkins, 2001. "Two Competing Models of How People Learn in Games," Levine's Working Paper Archive 625018000000000226, David K. Levine.
  2. Goeree, Jacob K. & Holt, Charles A. & Palfrey, Thomas R., 2002. "Quantal Response Equilibrium and Overbidding in Private-Value Auctions," Journal of Economic Theory, Elsevier, vol. 104(1), pages 247-272, May.
  3. Herings, P.J.J. & Elzen, A.H. van den, 1998. "Computation of the Nash Equilibrium Selected by the Tracing Procedure in N-Person Games," Discussion Paper 1998-04, Tilburg University, Center for Economic Research.
  4. McKelvey Richard D. & Palfrey Thomas R., 1995. "Quantal Response Equilibria for Normal Form Games," Games and Economic Behavior, Elsevier, vol. 10(1), pages 6-38, July.
  5. KOHLBERG, Elon & MERTENS, Jean-François, . "On the strategic stability of equilibria," CORE Discussion Papers RP -716, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  6. Van Huyck, John B. & Cook, Joseph P. & Battalio, Raymond C., 1997. "Adaptive behavior and coordination failure," Journal of Economic Behavior & Organization, Elsevier, vol. 32(4), pages 483-503, April.
  7. Richard Mckelvey & Thomas Palfrey, 1998. "Quantal Response Equilibria for Extensive Form Games," Experimental Economics, Springer, vol. 1(1), pages 9-41, June.
  8. John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, December.
  9. Anderson, Simon P. & Goeree, Jacob K. & Holt, Charles A., 2001. "Minimum-Effort Coordination Games: Stochastic Potential and Logit Equilibrium," Games and Economic Behavior, Elsevier, vol. 34(2), pages 177-199, February.
  10. Charles A. Holt & Jacob K. Goeree, 1999. "Stochastic Game Theory: For Playing Games, Not Just for Doing Theory," Virginia Economics Online Papers 306, University of Virginia, Department of Economics.
  11. Straub, Paul G., 1995. "Risk dominance and coordination failures in static games," The Quarterly Review of Economics and Finance, Elsevier, vol. 35(4), pages 339-363.
  12. Yamamoto, Yoshitsugu, 1993. "A Path-Following Procedure to Find a Proper Equilibrium of Finite Games," International Journal of Game Theory, Springer, vol. 22(3), pages 249-59.
  13. Wilson, Robert, 1992. "Computing Simply Stable Equilibria," Econometrica, Econometric Society, vol. 60(5), pages 1039-70, September.
  14. Govindan, Srihari & Wilson, Robert, 2004. "Computing Nash equilibria by iterated polymatrix approximation," Journal of Economic Dynamics and Control, Elsevier, vol. 28(7), pages 1229-1241, April.
  15. Govindan, Srihari & Wilson, Robert, 2003. "A global Newton method to compute Nash equilibria," Journal of Economic Theory, Elsevier, vol. 110(1), pages 65-86, May.
  16. Thomas Palfrey, 2002. "Quantal Response Equilibrium and Overbidding in Private Value Auctions," Theory workshop papers 357966000000000089, UCLA Department of Economics.
  17. Kenneth L. Judd, 1998. "Numerical Methods in Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262100711, December.
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Citations

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Cited by:
  1. Theodore Turocy, 2010. "Computing sequential equilibria using agent quantal response equilibria," Economic Theory, Springer, vol. 42(1), pages 255-269, January.
  2. Yves Breitmoser & Jonathan H. W. Tan & Daniel John Zizzo, 2008. "Understanding Perpetual R&D Races," Working Papers 08-22, Centre for Competition Policy, University of East Anglia.
  3. Yves Breitmoser, 2012. "Proto-coalition bargaining and the core," Economic Theory, Springer, vol. 51(3), pages 581-599, November.
  4. Bolle, Friedel & Breitmoser, Yves & Otto, Philipp E., 2011. "A positive theory of cooperative games: The logit core and its variants," MPRA Paper 32918, University Library of Munich, Germany.
  5. Jiang, Albert Xin & Leyton-Brown, Kevin & Bhat, Navin A.R., 2011. "Action-Graph Games," Games and Economic Behavior, Elsevier, vol. 71(1), pages 141-173, January.
  6. Lim, Wooyoung & Matros, Alexander & Turocy, Theodore L., 2014. "Bounded rationality and group size in Tullock contests: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 99(C), pages 155-167.
  7. S. Rosenkranz & G.U. Weitzel, 2008. "Network Structure and Strategic Investments: An Experimental Analysis," Working Papers 08-24, Utrecht School of Economics.
  8. Yves Breitmoser & Jonathan H.W. Tan & Daniel John Zizzo, 2010. "On the Beliefs off the Path: Equilibrium Refinement due to Quantal Response and Level-k," ICBBR Working Papers 9, International Centre for Behavioural Business Research.
  9. Breitmoser, Yves, 2011. "Binomial menu auctions in government formation," MPRA Paper 28576, University Library of Munich, Germany.
  10. Breitmoser, Yves, 2012. "Strategic reasoning in p-beauty contests," Games and Economic Behavior, Elsevier, vol. 75(2), pages 555-569.
  11. Breitmoser, Yves, 2010. "Hierarchical Reasoning versus Iterated Reasoning in p-Beauty Contest Guessing Games," MPRA Paper 19893, University Library of Munich, Germany.
  12. Kets, W. & Voorneveld, M., 2007. "Congestion, Equilibrium and Learning: The Minority Game," Discussion Paper 2007-61, Tilburg University, Center for Economic Research.
  13. P. Herings & Ronald Peeters, 2010. "Homotopy methods to compute equilibria in game theory," Economic Theory, Springer, vol. 42(1), pages 119-156, January.

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