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 …

We introduce a generalized theoretical approach to study imitation models and subject themodels to rigorous … experimental testing. In our theoretical analysis we find that the differentpredictions of previous imitation models are due to … the generalized imitation model predicts the differences betweentreatments well. The data also provide support for …

A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the … identical actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility …

A well-known result by Vega-Redondo implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian … actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility. We …

A well-known result by Vega-Redondo implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian … actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility. We …

Vega-Redondo (1997) showed that imitation leads to the Walrasian outcome in Cournot Oligopoly. We generalize his result … to aggregative quasi-submodular games. Examples are the Cournot Oligopoly, Bertrand games with differentiated …

We present a formal model of symmetric n-firm Cournot oligopoly with a heterogeneous population of profit optimizers …

It is a very well-known result that in terms of evolutionary stability the long-run outcome of a Cournot oligopoly …. Contrary to Tanaka (1999) we show that the evolutionarily stable price in an asymmetric Cournot oligopoly needs not equal the … stochastically stable state of an evolutionary process of imitation with experimentation. …

A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the … identical actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility …

We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our …