The Exact Solution of Spatial Logit Response Games
15 Pages Posted: 30 Jan 2011
Date Written: January 29, 2011
Logit response games with spatial structures are exactly solved. We exactly derive the probability that a player choose a strategy, the correlation function of strategies of distant players, and the expected utility.
Keywords: Spatial Competitions, Spatial Games, Local Interactions, Logit, Exact Solutions
JEL Classification: R00, R30, R32, R39, D21
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