Paper #269

Títol:

Imitation of succesful behavior in Cournot markets

Autors:

Antoni Bosch-Domènech i Nicolaas J. Vriend

Data:

Febrer 1998

Resum:

In an experimental standard Cournot Oligopoly we test the importance of models of behavior characterized by imitation of succesful behavior. We find that the players appear to the rather reluctant to imitate.

Paraules clau:

Oligopoly, cournot, bounded rationality, spite effect, Leex

Codis JEL:

C7, C9, D8

Àrea de Recerca:

Microeconomia

Publicat a:

Economic Journal, 113, pp. 495-524, 2003

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