A Comment on "The Selection of Preferences Through Imitation"

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.

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Year of publication:	2002-04
Authors:	Alós-Ferrer, Carlos ; Nermuth, Manfred
Institutions:	University of Vienna, Department of Economics

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Extent:	application/pdf
Series:	Vienna Economics Papers.
Type of publication:	Book / Working Paper
Language:	English
Classification:	C72 - Noncooperative Games ; D83 - Search, Learning, Information and Knowledge
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005623101