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 …

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 …