Quantal response equilibrium for the Prisoner’s Dilemma game in Markov strategies [PDF]
Within the studies of human cooperation, there are gaps that require further investigation. One possible area for growth is developing theoretical concepts which describe high levels of cooperation.
T. S. Kozitsina +2 more
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Dynamics of the US Housing Market: A Quantal Response Statistical Equilibrium Approach [PDF]
In this article, we demonstrate that a quantal response statistical equilibrium approach to the US housing market with the help of the maximum entropy method of modeling is a powerful way of revealing different characteristics of the housing market ...
Özlem Ömer
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Labor Market Segmentation and Immigrant Competition: A Quantal Response Statistical Equilibrium Analysis [PDF]
Competition between and within groups of workers takes place in labor markets that are segmented along various, often unobservable dimensions. This paper proposes a measure of the intensity of competition in labor markets on the basis of limited data ...
Noé M. Wiener
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Decentralized Inventory Transshipments with Quantal Response Equilibrium
Despite the benefits of inventory transshipment, numerous behavioral experiments have revealed that retailers often deviate from the Nash-equilibrium ordering quantities, which in turn impacts the potential advantages.
Qingren He +3 more
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A Quantal Response Statistical Equilibrium Model of Induced Technical Change in an Interactive Factor Market: Firm-Level Evidence in the EU Economies [PDF]
This paper studies the pattern of technical change at the firm level by applying and extending the Quantal Response Statistical Equilibrium model (QRSE).
Jangho Yang
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Stability of mixed-strategy-based iterative logit quantal response dynamics in game theory. [PDF]
Using the Logit quantal response form as the response function in each step, the original definition of static quantal response equilibrium (QRE) is extended into an iterative evolution process.
Qian Zhuang, Zengru Di, Jinshan Wu
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Regular Quantal Response Equilibrium [PDF]
AbstractThe structural Quantal Response Equilibrium (QRE) generalizes the Nash equilibrium by augmenting payoffs with random elements that are not removed in some limit. This approach has been widely used both as a theoretical framework to study comparative statics of games and as an econometric framework to analyze experimental and field data.
Jacob K Goeree +2 more
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A Generalization of Quantal Response Equilibrium via Perturbed Utility
We present a tractable generalization of quantal response equilibrium via non-expected utility preferences. In particular, we introduce concave perturbed utility games in which an individual has strategy-specific utility indices that depend on the ...
Roy Allen, John Rehbeck
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Quantal Response Statistical Equilibrium in Economic Interactions: Theory and Estimation
Social science addresses systems in which the individual actions of participants interacting in complex, non-additive ways through institutional structures determine social outcomes. In many cases, the institutions incorporate enough negative feedback to
Ellis Scharfenaker, Duncan K. Foley
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Average miniature post-synaptic potential size is inversely proportional to membrane capacitance across neocortical pyramidal neurons of different sizes [PDF]
In chemical synapses of the central nervous system (CNS), information is transmitted via the presynaptic release of a vesicle (or ‘quantum’) of neurotransmitter, which elicits a postsynaptic electrical response with an amplitude termed the ‘quantal size.’
Martynas Dervinis, Guy Major
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