We model a learning dynamic in which players imitate and innovate. Of interest is to question whether Nash equilibrium play emerges, and if so, the role that imitation plays in this emergence. Our main result provides a general class of coordination games for which approximate Nash equilibrium play does emerge. Important conditions include that players imitate "similar" individuals. The role of imitation in learning is discussed in the context of two examples where it is shown that imitation can lead to pareto superio outcomes
In the rank of behavioral rules, imitation-based heuristics have received special attention in econo...
This paper analyzes the equilibrium play of individuals that are randomly matched to play a contest ...
none2noIn the rank of behavioral rules, imitation-based heuristics has received special attention in...
We illustrate one way in which a population of boundedly rational individuals can learn to play an a...
We model a learning dynamic in which players imitate and innovate. Of interest is to question whethe...
We illustrate one way in which a population of boundedly rational individuals can learn to play an a...
We illustrate one way in which a population of boundedly rational individuals can learn to play an a...
We consider a learning dynamic in which players imitate and better reply. Sufficient conditions are ...
This paper introduces a learning algorithm that allows for imitation in recursive dynamic games. The...
Cataloged from PDF version of article.This paper introduces a learning algorithm that allows for imi...
The paper considers a model of imitation in the context of Cournot oligopoly. Purely imitative behav...
In the rank of behavioral rules, imitation-based heuristics has received special attention in econom...
In the rank of behavioral rules, imitation-based heuristics has received special attention in econom...
In the rank of behavioral rules, imitation-based heuristics have received special attention in econo...
In the rank of behavioral rules, imitation-based heuristics have received special attention in econo...
In the rank of behavioral rules, imitation-based heuristics have received special attention in econo...
This paper analyzes the equilibrium play of individuals that are randomly matched to play a contest ...
none2noIn the rank of behavioral rules, imitation-based heuristics has received special attention in...
We illustrate one way in which a population of boundedly rational individuals can learn to play an a...
We model a learning dynamic in which players imitate and innovate. Of interest is to question whethe...
We illustrate one way in which a population of boundedly rational individuals can learn to play an a...
We illustrate one way in which a population of boundedly rational individuals can learn to play an a...
We consider a learning dynamic in which players imitate and better reply. Sufficient conditions are ...
This paper introduces a learning algorithm that allows for imitation in recursive dynamic games. The...
Cataloged from PDF version of article.This paper introduces a learning algorithm that allows for imi...
The paper considers a model of imitation in the context of Cournot oligopoly. Purely imitative behav...
In the rank of behavioral rules, imitation-based heuristics has received special attention in econom...
In the rank of behavioral rules, imitation-based heuristics has received special attention in econom...
In the rank of behavioral rules, imitation-based heuristics have received special attention in econo...
In the rank of behavioral rules, imitation-based heuristics have received special attention in econo...
In the rank of behavioral rules, imitation-based heuristics have received special attention in econo...
This paper analyzes the equilibrium play of individuals that are randomly matched to play a contest ...
none2noIn the rank of behavioral rules, imitation-based heuristics has received special attention in...