Boundedly rational Nash equilibrium: A probabilistic choice approach

DOI10.1006/game.1997.0514zbMath0889.90165OpenAlexW1988384575MaRDI QIDQ1367678

Hsiao-Chi Chen, James W. Friedman, Jacques-François Thisse

Publication date: 4 June 1998

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/e077403ffbdcb8a0f13baa5b599dc08026522bb0

zbMATH Keywords

bounded rationality

Mathematics Subject Classification ID

Noncooperative games (91A10)

Related Items

Modeling customer bounded rationality in operations management: a review and research opportunities, Perturbations of set-valued dynamical systems, with applications to game theory, A discrete choice model when context matters, On the robustness of the competitive equilibrium: utility-improvements and equilibrium points, A NECESSARY AND SUFFICIENT CONDITION FOR CONVERGENCE OF STATISTICAL TO STRATEGIC EQUILIBRIA OF MARKET GAMES, Dominance and innovation: a returns‐based beliefs approach, Minimum-effort coordination games: Stochastic potential and logit equilibrium, Sophisticated experience-weighted attraction learning and strategic teaching in repeated games, Cooperative oligopoly games with boundedly rational firms, Random belief equilibrium in normal form games, Quantal-response equilibrium models of the ultimatum bargaining game, No switchbacks: Rethinking aspiration-based dynamics in the ultimatum game, Dual market facility network design under bounded rationality, On the uniqueness of quantal response equilibria and its application to network games, Binary games with state dependent stochastic choice, Strategic stiffening/cooling in the Ising game, Probabilistic choice and procedurally bounded rationality

Cites Work

• A bounded-rationality approach to the study of noncooperative games
• A set-theoretic random utility model of choice behavior
• Quantal response equilibria for normal form games
• An iterative method of solving a game
• The Principle of Minimum Differentiation Holds under Sufficient Heterogeneity
• Discrete Choice and Variable Returns to Scale
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item