Econometric Society 57th European Meeting
25th August 2002 - 28th August 2002, Venice, Italy

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N-PERSON GAMES WHERE IMITATION ALWAYS HITS A BETTER REPLY


Category: Economic Theory
Game Theory III
Monday 26th August 2002, 09:30 - 11:00, Room: 4.2
Session Chair(s): Alexander Matros, ELSE, UCL, UNITED KINGDOM and Gian Luigi Albano, ELSE, UCL, UNITED KINGDOM

Presenter(s): Ania, Ana B.

Co-Author(s): none

Keyword(s): Bertrand oligopoly, imitation, learning, minimum-effort games, network externalities

JEL(s): C72, D83

Abstract:

We provide examples of symmetric n-person games where the behavioral rule imitate the best always hits a better reply. In particular, that is the case in Bertrand games with homogeneous product, in minimum-effort games, and in games with positive network externalities.


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Paper Reference Number: 362

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57th European Meeting
25th August 2002 - 28th August 2002, Venice, Italy

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