strataq · quantal response equilibria

Decide well when the other side is deciding too.

Prices, tenders, electricity offers, road tolls and budget splits are all the same shape of problem: your best move depends on theirs, and theirs on yours. Put in your costs, your grid and how demand behaves, and get the move to make, what it earns, and what would change it.

Problem types
6
Typical solve
<50ms
Every answer via

Your price, against a rival setting one too

live
$1.49earns $77 · they will sit near $1.49
your price$1.49set this
The profit at every price on this grid
your priceexpected profit
$1.19$50
$1.29$66
$1.39$75
$1.49$77
$1.59$73
$1.69$66
$1.79$57
$1.89$47
$1.05

Cheaper rival, softer price and a thinner margin; dearer rival, and the whole curve lifts. The recommendation never chases their price one-for-one, because they are choosing too. Open the studio to do this with your own numbers.

Four demos that do not exist anywhere else

Have your own rationality fitted by maximum likelihood while you play rock–paper–scissors; watch probability circulate on the nine joint states of a game and the entropy-production counter read exactly zero when it should; guess what real experimental subjects did; and put a game on the plane next to Sioux Falls, Dominick's and CAISO. Every one runs its mathematics live in the page.

Open the demos

Test a rule over repeated rounds

A single solve answers one round. The backtest runs a hundred against a simulated rival and compares the solver's move with cost-plus, matching, best-reply-to-last and always-Nash on the same draws.

Open the backtest