Economic and Game Theory
Forum

20 5 10 20 50 100 all
Ask a question about: General Equilibrium
Respond to the question: Quantal Response Eq Help?

11/21/2003 07:34 AM by name withheld;

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 [View full text and thread]

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 by explaining the theory in simple terms, or pointing me somewhere that can, I would be very grateful. [Manage messages]