Tempered best response dynamics
نویسندگان
چکیده
منابع مشابه
Tempered best response dynamics
We propose a new deterministic evolutionary dynamic—the tempered best response dynamic (tBRD)—to capture two features of economic decision making: optimization and continuous sensitivity to incentives. That is, in the tBRD, an agent is more likely to revise his action when his current payoff is further from the optimal payoff, and he always switches to an optimal action when revising. The tBRD ...
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ژورنال
عنوان ژورنال: International Journal of Game Theory
سال: 2017
ISSN: 0020-7276,1432-1270
DOI: 10.1007/s00182-017-0575-9