Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5073094 | Games and Economic Behavior | 2006 | 9 Pages |
Abstract
This paper considers incomplete information games with payoffs subject to correlated random disturbances. It explains the connection between the uniqueness of quantal response equilibria, where large noise is required, and the uniqueness of equilibria in global games, where small noise is required.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Takashi Ui,