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| has gloss | eng: Quantal response equilibrium (QRE) is a solution concept in game theory. First introduced by Richard McKelvey and Thomas Palfrey, it provides an equilibrium notion with bounded rationality. QRE is not an equilibrium refinement, and it can give significantly different results than Nash equilibrium. QRE is only defined for games with discrete strategies, although there are continuous-strategy analogues. |
| lexicalization | eng: Quantal response equilibrium |
| instance of | (noun) a stable situation in which forces cancel one another equilibrium |
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