Imitation and Selective Matching in Reputational Games

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Imitation and Selective Matching in Reputational Games

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Thierry Vignolo

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Thierry Vignolo

Abstract

This paper investigates imitation and selective matching in reputational games with an outside option. We identify two classes of such games, which are ultimatum and trust games. By selective matching we mean that short-runplayers have the possibility of selecting the long-run player they play against. We find that selective matching (unlike random matching) favors the equilibrium associated to reputation in the ultimatum game but not in the trust game.

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Paper provided by European University Institute in its series Economics Working Papers with number ECO2007/31.

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Date of creation: 2007
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Handle: RePEc:eui:euiwps:eco2007/31

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

This paper has been announced in the following NEP Reports:

NEP-ALL-2007-11-03 (All new papers)
NEP-EVO-2007-11-03 (Evolutionary Economics)
NEP-EXP-2007-11-03 (Experimental Economics)
NEP-GTH-2007-11-03 (Game Theory)

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