Offerman, T., Schram, A. and Sonnemans, J. (1998). Quantal response models in step-level public good games European Journal of Political Economy, 14(1):89--100.
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Affiliated authors
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Publication year1998
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JournalEuropean Journal of Political Economy
The effect of adding noise to both an equilibrium model and a naive Bayesian model of behavior in step-level public good games is studied. Quantal response equilibria are derived for these games and a naive Bayesian quantal response function is presented. The models are fit for experimental data from such a game and compared. The results seem more promising for the naive Bayesian model than for the equilibrium model.