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In t-solutions, quantal response equilibria based on the linear probability model as introduced in R.W. Rosenthal (1989, Int. J. Game Theory 18, 273-292), choice probabilities are related to the determination of leveling taxes. The set of t-solutions coincides with the set of Nash equilibria of...
Persistent link: https://www.econbiz.de/10001808234
In a large family of solution concepts for boundedly rational players - allowing players to be imperfect optimizers, but requiring that "better" responses are chosen with probabilities at least as high as those of "worse" responses - most of Thompson's "inessential" transformations for the...
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