Rogers, Brian W.; Palfrey, Thomas R.; Camerer, Colin F. - In: Journal of Economic Theory 144 (2009) 4, pp. 1440-1467
We explore an equilibrium model of games where behavior is given by logit response functions, but payoff responsiveness and beliefs about others' responsiveness are heterogeneous. We study two substantively different ways of extending quantal response equilibrium (QRE) to this setting: (1)...