Prietula, Michael J.; Watson, Harry S. - In: Journal of Economic Behavior & Organization 66 (2008) 1, pp. 74-94
A Behavioral Theory of the Firm presents a computational model of a duopoly that is based on observations of firm behavior and that incorporates a range of behavioral constructs. Because this model is starkly different from the traditional game-theoretic analysis of duopoly, it useful to compare...