The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly … be suitable for imitation for various reasons. Only one of the most successful of the remaining members of the reference … group is imitated. Imitation is the adoption of the imitated player's strategy. Imitation equilibrium does not only mean …

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 … laboratory experiment we test the different theories by systematically varying information conditions. We find significant …

givingimitators a free lunch does not have a chilling effect on innovation. -- innovation ; imitation ; appropriation ; patent …

spills over to an outsider, and if successful imitation reduces the innovator’s profit. Post-experimental tests and the …

We run an experiment that gives subjects the opportunity to hedge away ambiguity in an Ellsberg-style experiment …

former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …

and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …