Application To Data
When analyzing data from the play of actual games (particularly from laboratory experiments), Nash equilibrium can be unforgiving. Any non-equilibrium move can appear equally "wrong", but realistically should not be used to reject a theory. QRE allows every strategy to be played with non-zero probability, and so any data is possible (though not necessarily reasonable).
Read more about this topic: Quantal Response Equilibrium
Famous quotes containing the words application to, application and/or data:
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