Lindeman, Daan; Ochea, Marius I. - In: Games 15 (2024) 2, pp. 1-26
framework of evolutionary competition between rational, myopic best-response and imitation heuristics with differential … heuristic (Cournot best-response) and the stable one (imitation) and on the intensity of the evolutionary pressure. When this … cost differential is positive (i.e., imitation is relatively cheaper vis a vis Cournot), most firms use this heuristic and …