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Is population growth conducive to the sustainability of cooperation?

Stark, Oded; Jakubek, Marcin - 2011

This paper asks whether population growth is conducive to the sustainability of cooperation. A simple model is developed in which farmers who live around a circular lake engage in trade with their adjacent neighbors. The payoffs from this activity are governed by a prisoner's dilemma rule of...

Persistent link: https://www.econbiz.de/10010323671

Who is afraid of pirates? An experiment on the deterrence of innovation by imitation

Engel, Christoph; Kleine, Marco - 2013

In the policy debate, intellectual property is often justified by what seems to be a straightforward argument: if innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in most industries for most potential users, appropriating...

Persistent link: https://www.econbiz.de/10010323854

From imitation to collusion: Long-run learning in a low-information environment

Friedman, Daniel; Huck, Steffen; Oprea, Ryan; … - 2012

We explore the stability of imitation in a 1,200-period experimental Cournot game where subjects do not know the payoff …

Persistent link: https://www.econbiz.de/10010324179

Imitation and Belief Learning in an Oligopoly Experiment

Offerman, Theo; Potters, Jan; Sonnemans, Joep - 1997

We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the successful firm,following the exemplary firm, andbelief learning.Theoretically, these three rules of dynamic conduct lead to the competitive, the collusive, and the Cournot-Nash...

Persistent link: https://www.econbiz.de/10010324581

Equilibrium Selection under Different Learning Modes in Supermodular Games

Kaarboe, Oddvar M.; Tieman, Alexander F. - 1999

games when two simplebehavior rules coexist in the population, imitation and myopic optimization. We assume that myopic …

Persistent link: https://www.econbiz.de/10010324637

The role of intellectual property rights in the development process, with some lessons from developed countries: An introduction

Dosi, Giovanni; Stiglitz, Joseph - 2013

technological imitation and absorption. …

Persistent link: https://www.econbiz.de/10010328603

Innovation, technical change and patents in the development process: A long term view

Cimoli, Mario; Dosi, Giovanni; Mazzoleni, Roberto; … - 2011

An essential aspect of catching up by developing countries is the emulation of technological leaders and the rapid accumulation by individuals and organizations of the knowledge and capabilities needed in order to sustain processes of technical learning. The rates and patterns of development of...

Persistent link: https://www.econbiz.de/10010328633

Imitation - Theory and Experimental Evidence

Apestgeguia, Jose; Huck, Steffen; Oechssler, Jörg - 2005

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 …

Persistent link: https://www.econbiz.de/10010333735

Rage Against the Machines: How Subjects Learn to Play Against Computers

Dürsch, Peter; Kolb, Albert; Oechssler, Jörg; … - 2005

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 …

Persistent link: https://www.econbiz.de/10010333843

Patent buyout in a model of endogenous growth

Radhakrishnan, Ravi - 2016

author modifies a standard quality ladder growth model by incorporating possibility of imitation, and rent protection …

Persistent link: https://www.econbiz.de/10011572833