quantal response model
11Dynamic inconsistency — In economics, dynamic inconsistency, or time inconsistency, describes a situation where a decision maker s preferences change over time in such a way that what is preferred at one point in time is inconsistent with what is preferred at another… …
12Complete mixing — In evolutionary game theory, complete mixing refers to an assumption about the type of interactions that occur between individual organisms. Interactions between individuals in a population attains complete mixing if and only if the probably… …
13Mechanism design — The Stanley Reiter diagram above illustrates a game of mechanism design. The upper left space Θ depicts the type space and the upper right space X the space of outcomes. The social choice function f(θ) maps a type profile to an outcome. In games… …
14Dictator game — The dictator game is a game in experimental economics, similar to the ultimatum game. Experimental results offer evidence against the rationally self interested individual (sometimes called the homo economicus) concept of economic behavior,[1]… …
15Coalition-proof Nash equilibrium — The concept of coalition proof Nash equilibrium applies to certain noncooperative environments in which players can freely discuss their strategies but cannot make binding commitments [1]. It emphasizes the immunization to deviations that are… …
16Bargaining problem — The two person bargaining problem is a problem of understanding how two agents should cooperate when non cooperation leads to Pareto inefficient results. It is in essence an equilibrium selection problem; Many games have multiple equilibria with… …
17Minimax — This article is about the decision theory concept. For other uses, see Minimax (disambiguation). Minimax (sometimes minmax) is a decision rule used in decision theory, game theory, statistics and philosophy for minimizing the possible loss for a… …
18Tragedy of the commons — Cows on Selsley Common. The tragedy of the commons is one way of accounting for overexploitation. The tragedy of the commons is a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting… …
19Fair division — Cake cutting redirects here. For the wedding tradition, see Wedding reception#Wedding cake. Fair division, also known as the cake cutting problem, is the problem of dividing a resource in such a way that all recipients believe that they have… …
20Common knowledge (logic) — For common knowledge in general, see Common knowledge. Common knowledge is a special kind of knowledge for a group of agents. There is common knowledge of p in a group of agents G when all the agents in G know p, they all know that they know p,… …
