Quantal Response Equilibrium: A Stochastic Theory of Games - Image 1

£29.66

Princeton University Press Quantal Response Equilibrium: A Stochastic Theory of Games

Name: Quantal Response Equilibrium: A Stochastic Theory of Games
Brand: Princeton University Press
Price: 29.66 GBP
Availability: InStock

Theory & Philosophy

About as cheap as it gets. The only time it was cheaper was 7 months ago.

£30 today · all-time low £29 (Oct 2025) · usually the usual

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 328 days • 328 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 328 days • 5 price ranges

Days at Price

Current Price

Price Analysis

Most common range: £29-31 (254 days, 77.4%)

Price range: £29 - £40

Price levels: 5 price ranges over 328 days

Description

Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and perfect decision making in games, but human behavior is inherently stochastic and people realize that the behavior of others is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and extends classical game theory into a more realistic and useful framework with broad applications for economics, political science, management, and other social sciences. Quantal Response Equilibrium spans the range from basic theoretical foundations to examples of how the principles yield useful predictions and insights in strategic settings, including voting, bargaining, auctions, public goods provision, and more. The approach provides a natural framework for estimating the effects of behavioral factors like altruism, reciprocity, risk aversion, judgment fallacies, and impatience. New theoretical results push the frontiers of models that include heterogeneity, learning, and well-specified behavioral modifications of rational choice and rational expectations. The empirical relevance of the theory is enhanced by discussion of data from controlled laboratory experiments, along with a detailed users' guide for estimation techniques. Quantal Response Equilibrium makes pioneering game-theoretic methods and interdisciplinary applications available to a wide audience.

Product Specifications

Brand: Princeton University Press
Format: hardcover
ASIN: 069112423X
Category: Books > Subjects > Business, Finance & Law > Economics > Theory & Philosophy
Domain: Amazon UK
Release Date: 28 June 2016
Listed Since: 10 August 2012

Barcode

No barcode data available

Princeton University Press Quantal Response Equilibrium: A Stochastic Theory of Games

About as cheap as it gets. The only time it was cheaper was 7 months ago.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Game Theory Explained: A Mathematical Introduction With Optimization

Arbitrage and Rational Decisions (Chapman and Hall/CRC Financial Mathematics Series)

Game Theory for Applied Econometricians: Data Analytics with R (Chapman and Hall/CRC Series on Statistics in Business and Economics)

Foundations of Non-Cooperative Game Theory

Handbook of Game Theory with Economic Applications (Volume 3)

Game Theory and Society (China Perspectives)

Equilibrium and Rationality: Game Theory Revised by Decision Rules (Cambridge Studies in Probability, Induction and Decision Theory)

Strategies and Games, second edition: Theory and Practice

Game-Theoretic Methods in General Equilibrium Analysis: 77 (NATO Science Series D:, 77)

Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (3Rd Edition)

Game Theory: An Introduction

Game Theory and Behavior

Pareto-Nash-Stackelberg Game and Control Theory: Intelligent Paradigms and Applications: 89 (Smart Innovation, Systems and Technologies, 89)

Games to Play and Games not to Play: Strategic Decisions via Extensions of Game Theory: 469 (Studies in Systems, Decision and Control, 469)

Game Theory: Mathematical Models of Conflict

From Decision Theory to Game Theory: Reasoning about the Decisions of Others

Analyzing Strategic Behavior in Business and Economics: A Game Theory Primer

The Consistent Preferences Approach to Deductive Reasoning in Games: 37 (Theory and Decision Library C, 37)

Microeconomic Foundations II: Imperfect Competition, Information, and Strategic Interaction: 2

Papers in Game Theory: 28 (Theory and Decision Library, 28)

Game Theory for the Social Sciences: Conflict, Bargaining, Cooperation and Power (Springer Series in Game Theory)

Topics in Mathematical Economics and Game Theory: Essays in Honor of Robert J. Aumann: Essays in Honor of Robert J.Aumann (Fields Institute Communications)

Game Theory and Exercises (Routledge Advanced Texts in Economics and Finance)

Game Theory and Exercises (Routledge Advanced Texts in Economics and Finance)