A Comment on "The Selection of Preferences Through Imitation"

Carlos Alós-Ferrer and Manfred Nermuth

Vienna Economics Papers from University of Vienna, Department of Economics

Abstract: We observe that the imitation dynamics of Cubitt and Sugden (CS) is the same as the Replicator Dynamics for a certain class of games. Known results for such games then permit a more complete analysis of the CS imitaion process, containing their results as special cases, and extending them considerably. We also offer a comment on the special role of "pure" prospects, and an as if interpretation of the CS process in terms of payoff-guided imitation.

JEL-codes: C72 D83 (search for similar items in EconPapers)
Date: 2002-04
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Citations: View citations in EconPapers (1)

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Journal Article: A comment on "The selection of preferences through imitation" (2003)
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