Imitation of Succesful Behavior in Cournot Markets

Antoni Bosch-Domènech () and Nicolaas J. Vriend ()
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Antoni Bosch-Domènech: http://www.econ.upf.edu/en/people/onefaculty.php?id=p177

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

Abstract: 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.

Keywords: Oligopoly; cournot; bounded rationality; spite effect; Leex (search for similar items in EconPapers)
JEL-codes: C7 C9 D8 (search for similar items in EconPapers)
Date: 1998-02, Revised 1999-05
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Related works:
Journal Article: Imitation of successful behaviour in cournot markets (2003)
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Persistent link: http://EconPapers.repec.org/RePEc:upf:upfgen:269

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