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Computing sequential equilibria using agent quantal response equilibria

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  • Theodore Turocy

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  • Theodore Turocy, 2010. "Computing sequential equilibria using agent quantal response equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 42(1), pages 255-269, January.
  • Handle: RePEc:spr:joecth:v:42:y:2010:i:1:p:255-269
    DOI: 10.1007/s00199-009-0443-3
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    References listed on IDEAS

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    1. Kreps, David M & Wilson, Robert, 1982. "Sequential Equilibria," Econometrica, Econometric Society, vol. 50(4), pages 863-894, July.
    2. 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.
    3. Koller, Daphne & Megiddo, Nimrod & von Stengel, Bernhard, 1996. "Efficient Computation of Equilibria for Extensive Two-Person Games," Games and Economic Behavior, Elsevier, vol. 14(2), pages 247-259, June.
    4. Turocy, Theodore L., 2005. "A dynamic homotopy interpretation of the logistic quantal response equilibrium correspondence," Games and Economic Behavior, Elsevier, vol. 51(2), pages 243-263, May.
    5. Brandts, Jordi & Holt, Charles A, 1993. "Adjustment Patterns and Equilibrium Selection in Experimental Signaling Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 22(3), pages 279-302.
    6. Richard Mckelvey & Thomas Palfrey, 1998. "Quantal Response Equilibria for Extensive Form Games," Experimental Economics, Springer;Economic Science Association, vol. 1(1), pages 9-41, June.
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    Citations

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    Cited by:

    1. Bernhard Stengel, 2010. "Computation of Nash equilibria in finite games: introduction to the symposium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 42(1), pages 1-7, January.
    2. Alejandro Caparrós & Esther Blanco & Philipp Buchenauer & Michael Finus, 2020. "Team Formation in Coordination Games with Fixed Neighborhoods," Working Papers 2004, Instituto de Políticas y Bienes Públicos (IPP), CSIC.
    3. Breitmoser, Yves, 2011. "Binomial menu auctions in government formation," MPRA Paper 28576, University Library of Munich, Germany.
    4. Yves Breitmoser, 2012. "Proto-coalition bargaining and the core," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(3), pages 581-599, November.
    5. Heggedal, Tom-Reiel & Helland, Leif & Neset Joslin, Knut-Eric, 2018. "Should I Stay or should I Go? Bandwagons in the lab," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 86-97.
    6. Kendall, Ryan, 2021. "Sequential competitions with a middle-mover advantage," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 91(C).
    7. Benjamin Patrick Evans & Mikhail Prokopenko, 2024. "Bounded rationality for relaxing best response and mutual consistency: the quantal hierarchy model of decision making," Theory and Decision, Springer, vol. 96(1), pages 71-111, February.
    8. Benndorf, Volker & Odenkirchen, Johannes, 2021. "An experiment on partial cross-ownership in oligopolistic markets," International Journal of Industrial Organization, Elsevier, vol. 78(C).
    9. Breitmoser, Yves, 2012. "Strategic reasoning in p-beauty contests," Games and Economic Behavior, Elsevier, vol. 75(2), pages 555-569.
    10. Breitmoser, Yves & Tan, Jonathan H.W., 2011. "Ultimata bargaining: generosity without social motives," MPRA Paper 33613, University Library of Munich, Germany.
    11. Cao, Yiyin & Dang, Chuangyin, 2022. "A variant of Harsanyi's tracing procedures to select a perfect equilibrium in normal form games," Games and Economic Behavior, Elsevier, vol. 134(C), pages 127-150.

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    More about this item

    Keywords

    Computing Nash equilibrium; Quantal response; Homotopy methods; C63; C72;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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