Imitators and optimizers in Cournot oligopoly

DOI10.1016/J.JEDC.2009.06.003zbMath1183.91065OpenAlexW3125081836MaRDI QIDQ1042725

Burkhard C. Schipper

Publication date: 7 December 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://repec.dss.ucdavis.edu/files/kG51nPmKvSJ8NaceYhVSXSYi/05-37.pdf

zbMATH Keywords

learningbounded rationalityStackelbergquasisubmodularityprofit maximization hypothesis

Mathematics Subject Classification ID

Noncooperative games (91A10) Auctions, bargaining, bidding and selling, and other market models (91B26) Heterogeneous agent models (91B69)

Related Items (15)

The evolutionary stability of optimism, pessimism, and complete ignorance ⋮ Imitation by price and quantity setting firms in a differentiated market ⋮ Unbeatable imitation ⋮ Imitation in Cournot oligopolies with multiple markets ⋮ Quantity competition, endogenous motives and behavioral heterogeneity ⋮ Cooperation through imitation and exclusion in networks ⋮ Altruistic versus egoistic behavior in a public good game ⋮ Experimental oligopolies modeling: a dynamic approach based on heterogeneous behaviors ⋮ Pretending in dynamic games, alternative outcomes and application to electricity markets ⋮ When is tit-for-tat unbeatable? ⋮ Rage against the machines: how subjects play against learning algorithms ⋮ Stochastic adaptation in finite games played by heterogeneous populations ⋮ Dynamic exploitation of myopic best response ⋮ Strategic effects between price-takers and non-price-takers ⋮ Beatable imitation in symmetric games with perturbed payoffs

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