Vallée, Thomas; Yıldızoğlu, Murat - In: Computational Economics 41 (2013) 4, pp. 493-516
This article analyses the ability of the learning firms in a Cournot oligopoly to discover market solutions more …">2004</CitationRef>), and qualify the role of random experimenting, social learning (imitation), and (updated) memory in helping firms to … with higher profits. We show that the results of the literature on evolutionary learning in oligopoly can analytically be …