Paper #269

Título:

Imitation of succesful behavior in Cournot markets

Autores:

Antoni Bosch-Domènech y Nicolaas J. Vriend

Fecha:

Febrero 1998

Resumen:

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.

Palabras clave:

Oligopoly, cournot, bounded rationality, spite effect, Leex

Códigos JEL:

C7, C9, D8

Área de investigación:

Microeconomía

Publicado en:

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

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