McKelvey, Richard D.; Palfrey, Thomas R. - In: Handbook of experimental economics results : volume 1, (pp. 541-548). 2008
The quantal response equilibrium (QRE) is an extension of the standard model of Nash equilibrium which allows for errors in choice. The QRE can be viewed as a generalization of statistical models of discrete choice behavior of individuals to a game theoretic setting. Just like in discrete choice...