We study a boundedly rational model of imitation when payoff distributions of actions differ across types of …

relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under … observe a corresponding behavioral change that is indicative of imitation. …

beaten by any other decision rule. We provide necessary and sufficient conditions for imitation to be unbeatable and show … effort coordination games, arms race, search, bargaining, etc., imitation cannot be beaten by much even by a very clever …

play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …

A well-known result by Vega-Redondo implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian …

We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In … our theoretical analysis we find that the different predictions of previous imitation models are due to different … effects of seemingly innocent changes in information. Moreover, the generalized imitation model predicts the differences …