Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10000748125
The notion of a cyclic game has been introduced by Selten and Wooders (2001). They illustrate the concept by the analysis of a cyclic duopoly game. The experiments reported concern this game. The game was played by eleven matching groups of six players each. The observed choice frequencies were...
Persistent link: https://www.econbiz.de/10003482481
Persistent link: https://www.econbiz.de/10003877484
Persistent link: https://www.econbiz.de/10001617014
Persistent link: https://www.econbiz.de/10001579590
Persistent link: https://www.econbiz.de/10000789262
Persistent link: https://www.econbiz.de/10001548848
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 players, whom...
Persistent link: https://www.econbiz.de/10011538885
Persistent link: https://www.econbiz.de/10000109062
Persistent link: https://www.econbiz.de/10004112076