Bounded rationality and correlated equilibria
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DOI: 10.1007/s00182-016-0547-5
Abstract: We study an interactive framework that explicitly allows for nonrational behavior. We do not place any restrictions on how players’ behavior deviates from rationality, but rather, on players’ higher-order beliefs about the frequency of such… read more here.
Keywords: probability; bounded rationality; rationality; correlated equilibria ... See more keywords
Efficiency of Classical and Quantum Games Equilibria
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DOI: 10.3390/e23050506
Abstract: Nash equilibria and correlated equilibria of classical and quantum games are investigated in the context of their Pareto efficiency. The examples of the prisoner’s dilemma, battle of the sexes and the game of chicken are… read more here.
Keywords: quantum; nash equilibria; correlated equilibria; quantum games ... See more keywords