Arifovic, Jasmina; Maschek, Michael - In: Computational Economics 28 (2006) 4, pp. 333-354
We examine the Cournot oligopoly model in the context of social and individual learning. In both models of learning, firms update their decisions about how much to produce via variants of the genetic algorithm updating procedure. Arifovic (1994) found that both models of social and individual...