Selten, Reinhard; Ostmann, Axel - In: Homo Oeconomicus 18 (2001), pp. 111-149
The paper presents the concept of an "imitation equilibrium" and explores it in the context of some simple oligopoly models. The concept applies to normal form games enriched by a "reference structure" specifying a "reference group" for every player. The reference group is a set of other...
