Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10011665531
Persistent link: https://www.econbiz.de/10010411226
Persistent link: https://www.econbiz.de/10012626638
Persistent link: https://www.econbiz.de/10012311203
Persistent link: https://www.econbiz.de/10011971647
Persistent link: https://www.econbiz.de/10012121238
Persistent link: https://www.econbiz.de/10011771306
Persistent link: https://www.econbiz.de/10015071921
This paper describes a general framework for equilibrium selection by tracing the graph of the quantal response equilibrium (QRE) correspondence as a function of the estimation error. If a quantal response function satisfies C2 continuity, monotonicity and cumulativity, the graph of QRE...
Persistent link: https://www.econbiz.de/10013061330
Experiments on the Ultimatum Game (UG) repeatedly show that people's behaviour is far from rational. In UG experiments, a subject proposes how to divide a pot and the other can accept or reject the proposal, in which case both lose everything. While rational people would offer and accept the...
Persistent link: https://www.econbiz.de/10012981005