Computing sequential equilibria using agent quantal response equilibria

Research output: Contribution to journalArticlepeer-review

15 Citations (Scopus)


The limit of any convergent sequence of agent quantal response equilibria is a sequential equilibrium of an extensive game. Using a logarithmic transformation of action probabilities, it is numerically feasible and practical to compute such sequences, and thereby compute good approximations to sequential equilibrium assessments. This paper describes the algorithm to compute the sequences, and outlines the convergence and selection properties of the method.
Original languageEnglish
Pages (from-to)255-269
Number of pages15
JournalEconomic Theory
Issue number1
Publication statusPublished - Jan 2010

Cite this