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On the Empirical Content of Quantal Response Equilibrium

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Cited by:

  1. Alexander L. Brown & Rodrigo A. Velez, 2019. "Empirical bias and efficiency of alpha-auctions: experimental evidence," Papers 1905.03876, arXiv.org, revised Jul 2020.
  2. James Costain & Anton Nakov, 2019. "Logit Price Dynamics," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(1), pages 43-78, February.
  3. Rodrigo A. Velez & Alexander L. Brown, 2018. "Empirical Equilibrium," Papers 1804.07986, arXiv.org, revised Jul 2020.
  4. Khai Chiong & Alfred Galichon & Matt Shum, 2015. "Duality in Dynamic Discrete Choice Models," SciencePo Working papers Main hal-03568184, HAL.
  5. Costain, James & Nakov, Anton, 2015. "Precautionary price stickiness," Journal of Economic Dynamics and Control, Elsevier, vol. 58(C), pages 218-234.
  6. Breitmoser, Yves, 2019. "Knowing me, imagining you: Projection and overbidding in auctions," Games and Economic Behavior, Elsevier, vol. 113(C), pages 423-447.
  7. Herrmann, Oliver & Jong-A-Pin, Richard & Schoonbeek, Lambert, 2019. "A prospect-theory model of voter turnout," Journal of Economic Behavior & Organization, Elsevier, vol. 168(C), pages 362-373.
  8. Timothy N. Cason & Lata Gangadharan, 2006. "An Experimental Study of Compliance and Leverage in Auditing and Regulatory Enforcement," Economic Inquiry, Western Economic Association International, vol. 44(2), pages 352-366, April.
  9. Wright, James R. & Leyton-Brown, Kevin, 2017. "Predicting human behavior in unrepeated, simultaneous-move games," Games and Economic Behavior, Elsevier, vol. 106(C), pages 16-37.
  10. Edward Cartwright & Anna Stepanova, 2017. "Efficiency in a forced contribution threshold public good game," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(4), pages 1163-1191, November.
  11. Miguel A Costa-Gomes & Vincent P Crawford & Nagore Iriberri, 2008. "Comparing Models of Strategic Thinking in Van Huyck, Battalio, and Beil’s Coordination Games," Levine's Working Paper Archive 122247000000002346, David K. Levine.
  12. Georganas, Sotiris, 2011. "English auctions with resale: An experimental study," Games and Economic Behavior, Elsevier, vol. 73(1), pages 147-166, September.
  13. Vincent P. Crawford & Miguel A. Costa-Gomes & Nagore Iriberri, 2010. "Strategic Thinking," Levine's Working Paper Archive 661465000000001148, David K. Levine.
  14. Mauersberger, Felix, 2019. "Thompson Sampling: Endogenously Random Behavior in Games and Markets," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203600, Verein für Socialpolitik / German Economic Association.
  15. Philip A. Haile & Ali Hortaçsu & Grigory Kosenok, 2008. "On the Empirical Content of Quantal Response Equilibrium," American Economic Review, American Economic Association, vol. 98(1), pages 180-200, March.
  16. Schmutzler, Armin, 2011. "A unified approach to comparative statics puzzles in experiments," Games and Economic Behavior, Elsevier, vol. 71(1), pages 212-223, January.
  17. Harrison, Glenn W., 2008. "Neuroeconomics: A Critical Reconsideration," Economics and Philosophy, Cambridge University Press, vol. 24(3), pages 303-344, November.
  18. Martin Dufwenberg & Uri Gneezy & Jacob Goeree & Rosemarie Nagel, 2007. "Price floors and competition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 33(1), pages 211-224, October.
  19. Heggedal, Tom-Reiel & Helland, Leif & Morton, Rebecca, 2022. "Can paying politicians well reduce corruption? The effects of wages and uncertainty on electoral competition," Games and Economic Behavior, Elsevier, vol. 135(C), pages 60-73.
  20. Bendoly, Elliot & van Wezel, Wout & Bachrach, Daniel G. (ed.), 2015. "The Handbook of Behavioral Operations Management: Social and Psychological Dynamics in Production and Service Settings," OUP Catalogue, Oxford University Press, number 9780199357222.
  21. 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.
  22. Aguirregabiria, Victor & Xie, Erhao, 2016. "Identification of Biased Beliefs in Games of Incomplete Information Using Experimental Data," CEPR Discussion Papers 11275, C.E.P.R. Discussion Papers.
  23. Gary E. Bolton & Sabrina Bonzelet & Tobias Stangl & Ulrich W. Thonemann, 2023. "Decision making under service‐level contracts: The role of cost saliency," Production and Operations Management, Production and Operations Management Society, vol. 32(4), pages 1243-1261, April.
  24. Fischbacher, Urs & Fong, Christina M. & Fehr, Ernst, 2009. "Fairness, errors and the power of competition," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 527-545, October.
  25. Benjamin Patrick Evans & Mikhail Prokopenko, 2021. "Bounded rationality for relaxing best response and mutual consistency: The Quantal Hierarchy model of decision-making," Papers 2106.15844, arXiv.org, revised Mar 2023.
  26. Khai Chiong & Alfred Galichon & Matt Shum, 2015. "Duality in Dynamic Discrete Choice Models," SciencePo Working papers hal-03568184, HAL.
  27. Gressani, O., 2015. "Endogeneous Quantal Response Equilibrium for Normal Form Games," LIDAM Discussion Papers CORE 2015053, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  28. Khai Xiang Chiong & Alfred Galichon & Matt Shum, 2021. "Duality in dynamic discrete-choice models," Papers 2102.06076, arXiv.org, revised Feb 2021.
  29. Bolle, Friedel, 2011. "Passing the buck," Discussion Papers 308, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
  30. Mengel, Friederike, 2012. "Learning across games," Games and Economic Behavior, Elsevier, vol. 74(2), pages 601-619.
  31. Golman, Russell, 2012. "Homogeneity bias in models of discrete choice with bounded rationality," Journal of Economic Behavior & Organization, Elsevier, vol. 82(1), pages 1-11.
  32. A. Ronald Gallant & Han Hong & Ahmed Khwaja, 2012. "Bayesian Estimation of a Dynamic Game with Endogenous, Partially Observed, Serially Correlated State," Working Papers 12-01, Duke University, Department of Economics.
  33. Herrera, Helios & Llorente-Saguer, Aniol & McMurray, Joseph C., 2019. "Information aggregation and turnout in proportional representation: A laboratory experiment," Journal of Public Economics, Elsevier, vol. 179(C).
  34. Benndorf, Volker & Kübler, Dorothea & Normann, Hans-Theo, 2015. "Privacy concerns, voluntary disclosure of information, and unraveling: An experiment," European Economic Review, Elsevier, vol. 75(C), pages 43-59.
  35. Sylvain Chassang & Christian Zehnder, 2019. "Secure Survey Design in Organizations: Theory and Experiments," Working Papers 2019-22, Princeton University. Economics Department..
  36. Pavlo Blavatskyy, 2018. "A Refinement of Logit Quantal Response Equilibrium," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 20(02), pages 1-14, June.
  37. 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.
  38. Anthony Ziegelmeyer & Frédéric Koessler & Juergen Bracht & Eyal Winter, 2010. "Fragility of information cascades: an experimental study using elicited beliefs," Experimental Economics, Springer;Economic Science Association, vol. 13(2), pages 121-145, June.
  39. repec:awi:wpaper:0469 is not listed on IDEAS
  40. Alan Kirman & François Laisney & Paul Pezanis-Christou, 2023. "Relaxing the symmetry assumption in participation games: a specification test for cluster-heterogeneity," Experimental Economics, Springer;Economic Science Association, vol. 26(4), pages 850-878, September.
  41. Tilman Becker & Michael Carter & Jörg Naeve, 2005. "Experts Playing the Traveler's Dilemma," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 252/2005, Department of Economics, University of Hohenheim, Germany.
  42. Ge, Ge & Godager, Geir, 2021. "Predicting strategic medical choices: An application of a quantal response equilibrium choice model," Journal of choice modelling, Elsevier, vol. 39(C).
  43. Patrick Bajari & Ali Hortacsu, 2005. "Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data," Journal of Political Economy, University of Chicago Press, vol. 113(4), pages 703-741, August.
  44. Khai Xiang Chiong & Alfred Galichon & Matt Shum, 2016. "Duality in dynamic discrete‐choice models," Quantitative Economics, Econometric Society, vol. 7(1), pages 83-115, March.
  45. 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.
  46. Jacob K. Goeree & Philippos Louis, 2021. "M Equilibrium: A Theory of Beliefs and Choices in Games," American Economic Review, American Economic Association, vol. 111(12), pages 4002-4045, December.
  47. Külpmann, Philipp & Kuzmics, Christoph, 2022. "Comparing theories of one-shot play out of treatment," Journal of Economic Theory, Elsevier, vol. 205(C).
  48. Russell, Golman, 2011. "Quantal response equilibria with heterogeneous agents," Journal of Economic Theory, Elsevier, vol. 146(5), pages 2013-2028, September.
  49. Angelique Augereau & Shane Greenstein & Marc Rysman, 2004. "Coordination vs. Differentiation in a Standards War: 56K Modems," NBER Working Papers 10334, National Bureau of Economic Research, Inc.
  50. Hessel Oosterbeek & Randolph Sloof & Joep Sonnemans, 2007. "Promotion Rules and Skill Acquisition: An Experimental Study," Economica, London School of Economics and Political Science, vol. 74(294), pages 259-297, May.
  51. Zhang, Boyu & Hofbauer, Josef, 2016. "Quantal response methods for equilibrium selection in 2×2 coordination games," Games and Economic Behavior, Elsevier, vol. 97(C), pages 19-31.
  52. Dagsvik, John K., 2020. "Equilibria in Logit Models of Social Interaction and Quantal Response Equilibrium," HERO Online Working Paper Series 2020:5, University of Oslo, Health Economics Research Programme, revised 09 Mar 2023.
  53. Emerson Melo, 2022. "On the uniqueness of quantal response equilibria and its application to network games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(3), pages 681-725, October.
  54. Yefen Chen & Xuanming Su & Xiaobo Zhao, 2012. "Modeling Bounded Rationality in Capacity Allocation Games with the Quantal Response Equilibrium," Management Science, INFORMS, vol. 58(10), pages 1952-1962, October.
  55. Gallant, A. Ronald & Hong, Han & Khwaja, Ahmed, 2018. "A Bayesian approach to estimation of dynamic models with small and large number of heterogeneous players and latent serially correlated states," Journal of Econometrics, Elsevier, vol. 203(1), pages 19-32.
  56. Jürgen Eichberger & David Kelsey, 2011. "Are the treasures of game theory ambiguous?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(2), pages 313-339, October.
  57. Lewbel, Arthur & Tang, Xun, 2015. "Identification and estimation of games with incomplete information using excluded regressors," Journal of Econometrics, Elsevier, vol. 189(1), pages 229-244.
  58. repec:wsi:jeapmx:v:20:y:2018:i:04:n:s0219198918500081 is not listed on IDEAS
  59. repec:hal:spmain:info:hdl:2441/7svo6civd6959qvmn4965cth1d is not listed on IDEAS
  60. Oswaldo Gressani, 2015. "Endogeneous Quantal Response Equilibrium for Normal Form Games," DEM Discussion Paper Series 15-18, Department of Economics at the University of Luxembourg.
  61. Alan Kirman & François Laisney & Paul Pezanis-Christou, 2018. "Exploration vs Exploitation, Impulse Balance Equilibrium and a specification test for the El Farol bar problem," School of Economics and Public Policy Working Papers 2018-11, University of Adelaide, School of Economics and Public Policy.
  62. Romero, Julian, 2015. "The effect of hysteresis on equilibrium selection in coordination games," Journal of Economic Behavior & Organization, Elsevier, vol. 111(C), pages 88-105.
  63. Benndorf, Volker & Martínez-Martínez, Ismael, 2017. "Perturbed best response dynamics in a hawk–dove game," Economics Letters, Elsevier, vol. 153(C), pages 61-64.
  64. Arun G. Chandrasekhar & Horacio Larreguy & Juan Pablo Xandri, 2015. "Testing Models of Social Learning on Networks: Evidence from a Lab Experiment in the Field," NBER Working Papers 21468, National Bureau of Economic Research, Inc.
  65. Wang, Yafeng & Graham, Brett, 2010. "Simulation Based Estimation of Discrete Sequential Move Games of Perfect Information," MPRA Paper 23153, University Library of Munich, Germany.
  66. Breitmoser, Yves, 2017. "Knowing Me, Imagining You:," Rationality and Competition Discussion Paper Series 36, CRC TRR 190 Rationality and Competition.
  67. Khai Chiong & Alfred Galichon & Matt Shum, 2015. "Duality in Dynamic Discrete Choice Models," Post-Print hal-03568184, HAL.
  68. Evan Friedman & Duarte Gonc{c}alves, 2023. "Quantal Response Equilibrium with a Continuum of Types: Characterization and Nonparametric Identification," Papers 2307.08011, arXiv.org, revised Mar 2024.
  69. Shuige Liu & Fabio Maccheroni, 2021. "Quantal Response Equilibrium and Rationalizability: Inside the Black Box," Papers 2106.16081, arXiv.org, revised Mar 2024.
  70. Breitmoser, Yves, 2010. "Structural modeling of altruistic giving," MPRA Paper 24262, University Library of Munich, Germany.
  71. Marc Rysman, 2003. "Differentiation Across Standards and Adoption Failure in 56K Modems," Working Papers 03-12, NET Institute, revised Dec 2003.
  72. Aradillas-Lopez, Andres, 2012. "Pairwise-difference estimation of incomplete information games," Journal of Econometrics, Elsevier, vol. 168(1), pages 120-140.
  73. Cherchye, Laurens & Demuynck, Thomas & De Rock, Bram, 2013. "The empirical content of Cournot competition," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1552-1581.
  74. Ralph‐C Bayer & Chaohua Dong & Hang Wu, 2019. "The impact of the number of sellers on quantal response equilibrium predictions in Bertrand oligopolies," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(4), pages 787-793, November.
  75. Greiner, Ben, 2023. "Strategic uncertainty aversion in bargaining — Experimental evidence," Journal of Economic Psychology, Elsevier, vol. 95(C).
  76. Wang, Yafeng & Graham, Brett, 2009. "Generalized Maximum Entropy estimation of discrete sequential move games of perfect information," MPRA Paper 21331, University Library of Munich, Germany.
  77. 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.
  78. Jorge Alcalde-Unzu & Flip Klijn & Marc Vorsatz, 2023. "Constrained school choice: an experimental QRE analysis," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 61(3), pages 587-624, October.
  79. Han Hong & Ahmed Khwaja & A. Ronald Gallant, 2008. "Estimating Dynamic Games of Complete Information with an Application to the Generic Pharmaceutical Industry," 2008 Meeting Papers 1050, Society for Economic Dynamics.
  80. Asanov, Igor, 2021. "Bandit cascade: A test of observational learning in the bandit problem," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 150-171.
  81. Cason, Timothy N. & Lau, Sau-Him Paul & Mui, Vai-Lam, 2019. "Prior interaction, identity, and cooperation in the Inter-group Prisoner's Dilemma," Journal of Economic Behavior & Organization, Elsevier, vol. 166(C), pages 613-629.
  82. Wu, Wenhao & Ye, Bohan, 2023. "Competition in persuasion: An experiment," Games and Economic Behavior, Elsevier, vol. 138(C), pages 72-89.
  83. Philippe Jehiel, 2022. "Analogy-Based Expectation Equilibrium and Related Concepts:Theory, Applications, and Beyond," Working Papers halshs-03735680, HAL.
  84. Tanjim Hossain & John Morgan, 2013. "When Do Markets Tip? A Cognitive Hierarchy Approach," Marketing Science, INFORMS, vol. 32(3), pages 431-453, May.
  85. Hou, Linke & Lv, Yuxia & Geng, Hao & Li, Feiyue, 2019. "To tell the truth or the perceived truth: Structural estimation of peer effects in China’s macroeconomic forecast," Economic Systems, Elsevier, vol. 43(2), pages 1-1.
  86. Helland, Leif & Moen, Espen R. & Preugschat, Edgar, 2017. "Information and coordination frictions in experimental posted offer markets," Journal of Economic Theory, Elsevier, vol. 167(C), pages 53-74.
  87. Sylvain Chassang & Christian Zehnder, 2019. "Secure Survey Design in Organizations: Theory and Experiments," NBER Working Papers 25918, National Bureau of Economic Research, Inc.
  88. Malin Arve & Marco Serena, 2022. "Level- k Models and Overspending in Contests," Games, MDPI, vol. 13(3), pages 1-12, June.
  89. Breitmoser, Yves, 2010. "Hierarchical Reasoning versus Iterated Reasoning in p-Beauty Contest Guessing Games," MPRA Paper 19893, University Library of Munich, Germany.
  90. Wako Yoshida & Ray J Dolan & Karl J Friston, 2008. "Game Theory of Mind," PLOS Computational Biology, Public Library of Science, vol. 4(12), pages 1-14, December.
  91. Mirko Kremer & Stefan Minner & Luk N. Van Wassenhove, 2010. "Do Random Errors Explain Newsvendor Behavior?," Manufacturing & Service Operations Management, INFORMS, vol. 12(4), pages 673-681, July.
  92. Howard Margolis, 2008. "QRE, NSNX and the Paradox of Voting," Journal of Theoretical Politics, , vol. 20(4), pages 443-460, October.
  93. Robert Ferenc Veszteg, 2012. "On mu from the logistic quantal-response equilibrium," Economics Bulletin, AccessEcon, vol. 32(1), pages 102-111.
  94. Chris Starmer & Nicholas Bardsley, 2005. "Introduction," Experimental Economics, Springer;Economic Science Association, vol. 8(4), pages 295-299, December.
  95. Kawagoe, Toshiji & Takizawa, Hirokazu, 2012. "Level-k analysis of experimental centipede games," Journal of Economic Behavior & Organization, Elsevier, vol. 82(2), pages 548-566.
  96. 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).
  97. Juan Camilo Cárdenas & César Mantilla & Rajiv Sethi, 2015. "Stable Sampling Equilibrium in Common Pool Resource Games," Games, MDPI, vol. 6(3), pages 1-19, August.
  98. Dominitz, Jeff & Hung, Angela A., 2009. "Empirical models of discrete choice and belief updating in observational learning experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 69(2), pages 94-109, February.
  99. Khai Xiang Chiong & Matthew Shum, 2019. "Random Projection Estimation of Discrete-Choice Models with Large Choice Sets," Management Science, INFORMS, vol. 65(1), pages 256-271, January.
  100. Malin Arve & Marco Serena, 2016. "Level-k Models Rationalize Overspending in Contests," Working Papers tax-mpg-rps-2018-09, Max Planck Institute for Tax Law and Public Finance.
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