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The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly …
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The paper reports laboratory experiments on a day-to-day route choice game with two routes. Subjects had to choose between a main road M and a side road S. The capacity was greater for the main road. 18 subjects participated in each session. In equilibrium the number of subjects is 12 on M and 6...
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increases from 51% in the first to 74% in the last tournament, in which there is equilibrium play in 98% of all games with only …
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