منابع مشابه
Testing the Quantal Response Hypothesis
This paper develops a formal test for consistency of players’ behavior in a series of games with the quantal response equilibrium (QRE). The test exploits a characterization of the equilibrium choice probabilities in a QRE as the gradient of a convex function, which thus satisfies the cyclic monotonicity inequalities. Our testing procedure utilizes recent econometric results for moment inequali...
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Quantal response equilibrium (QRE) has become a popular alternative to the standard Nash equilibrium concept in game theoretic applications. It is well known that human subjects do not regularly choose Nash equilibrium strategies. It has been hypothesized that subjects are limited by strategic uncertainty or that subjects have broader social preferences over the outcome of games. These two fact...
متن کاملDivision of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 Testing the Quantal Response Hypothesis
This paper develops a formal test for consistency of players’ behavior in a series of games with the quantal response equilibrium (QRE). The test exploits a characterization of the equilibrium choice probabilities in a QRE as the gradient of a convex function, which thus satisfies the cyclic monotonicity inequalities. Our testing procedure utilizes recent econometric results for moment inequali...
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Consider an exchangeable normal vector with parameters ????2, and ?. On the basis of a vector observation some tests about these parameters are found and their properties are discussed. A simulation study for these tests and a few nonparametric tests are presented. Some advantages and disadvantages of these tests are discussed and a few applications are given.
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Our study is neither a perfect nor a definitive test of the activitystat hypothesis. In the absence of such definitive evidence, however, our rich behavioural data does give us an advantage over much other observational research. We therefore believe that our finding that there was no evidence of even partial same-day activity compensation contributes to the literature on this important public ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2602953