Estimating a mixed strategy employing maximum entropy
AbstractGeneralized maximum entropy may be used to estimate mixed strategies subject to restrictions from game theory. This method avoids distributional assumptions and is consistent and efficient. We use this method to estimate the mixed strategies of duopolistic airlines.
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Bibliographic InfoPaper provided by Department of Agricultural & Resource Economics, UC Berkeley in its series Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series with number qt5rx8z14p.
Date of creation: 01 Feb 1996
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Mixed strategies; noncooperative games; oligopoly; maximum entropy;
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