Lindeman, Daan; Ochea, Marius I. - In: Games 15 (2024) 2, pp. 1-26
We investigate the role and performance of imitative behavior in a class of quantity-setting, Cournot games. Within a framework of evolutionary competition between rational, myopic best-response and imitation heuristics with differential heuristics' costs, we found that the equilibrium stability...
