Schipper, Burkhard (contributor) - 2002 - [Elektronische Ressource]
conjecture by [11] Friedman (1953).
JEL-Classifications: C72, D21, D43, L13.
Keywords: imitation, myopic best reply, bounded … profit
function, which implies knowing inverse demand and costs, in order to calcu-
late the myopic best response. Imitation … is often associated with boundedly
rational behavior but note that imitation of successful behavior can be also
a …