This paper describes a general framework for equilibrium selection by tracing the graph of
the quantal response equilibrium (QRE) correspondence as a function of the variance of
random disturbances. If a quantal response function satisfies C 2 continuity, monotonicity
and cumulativity, the graph of QRE correspondence generically includes a unique branch
that starts at the centroid of the strategy simplex and converges to a unique Nash equilibrium
as noises vanish. This equilibrium is called the limiting QRE of the game. We then …