Showing econ.THShow all
2 papers · 1 filter
econ.TH2026
The Focal Quantal Response Equilibrium
Matthew Kovach, Gerelt Tserenjigmid
We propose a generalization of Quantal Response Equilibrium (QRE) built on a simple premise: some actions are more focal than others. In our model, which we call the Focal Quantal…
econ.TH2025
Inertial Updating with General Information
Adam Dominiak, Matthew Kovach, Gerelt Tserenjigmid
We study belief revision when information is represented by a set of probability distributions, or general information. General information extends the standard event notion while…