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

competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we employ three information treatments …

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 …. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …

subjects switch from imitation of the most profitable rival to other behavior that, intentionally or otherwise, facilitates …-shot game. Our results suggest a new explanation for the emergence of cooperation. -- Cournot oligopoly ; imitation ; learning …

subjects switch from imitation of the most profitable rival to other behavior that, intentionally or otherwise, facilitates …-shot game. Our results suggest a new explanation for the emergence of cooperation. -- Cournot oligopoly ; imitation ; learning …

This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … higher profits in the past. -- information ; imitation ; Cournot oligopoly ; EWA learning …