An equivalence result for (Logit) QRE and Level-k
| dc.centro | Facultad de Ciencias Económicas y Empresariales | es_ES |
| dc.contributor.author | Morales-Siles, Antonio José | |
| dc.date.accessioned | 2016-04-19T11:23:54Z | |
| dc.date.available | 2016-04-19T11:23:54Z | |
| dc.date.created | 2016 | |
| dc.date.issued | 2016-04-19 | |
| dc.departamento | Teoría e Historia Económica | |
| dc.description.abstract | The logit QRE has comparative statics properties that are in some cases more intuitive than for the standard NE, and it explains experimental data that are consistent with intuition but are not predicted by the Nash equilibrium. In this paper we show that level-k model reproduces the same comparative statics and offers predictions close to the logit QRE within the class of (symmetric) games with the local payoff property. | es_ES |
| dc.description.sponsorship | Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech | es_ES |
| dc.identifier.uri | http://hdl.handle.net/10630/11208 | |
| dc.language.iso | eng | es_ES |
| dc.relation.eventdate | 14-16 April 2016 | es_ES |
| dc.relation.eventplace | Rome | es_ES |
| dc.relation.eventtitle | IMEBESS | es_ES |
| dc.rights | by-nc-nd | |
| dc.rights.accessRights | open access | es_ES |
| dc.subject | Juegos, Teoría de | es_ES |
| dc.subject.other | Bounded rationality | es_ES |
| dc.subject.other | Quantal response | es_ES |
| dc.subject.other | Local payoff property | es_ES |
| dc.title | An equivalence result for (Logit) QRE and Level-k | es_ES |
| dc.type | conference output | es_ES |
| dspace.entity.type | Publication | |
| relation.isAuthorOfPublication | 7dd45a12-b5cf-49d1-880f-89fbe2df9c54 | |
| relation.isAuthorOfPublication.latestForDiscovery | 7dd45a12-b5cf-49d1-880f-89fbe2df9c54 |
Files
Original bundle
1 - 1 of 1