A Comment on "The Selection of Preferences Through Imitation"
AbstractWe observe that the imitation dynamics of Cubitt and Sugden (CS) is the same as the Replicator Dynamics for a certain class of games. Known results for such games then permit a more complete analysis of the CS imitaion process, containing their results as special cases, and extending them considerably. We also offer a comment on the special role of "pure" prospects, and an as if interpretation of the CS process in terms of payoff-guided imitation.
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Bibliographic InfoPaper provided by University of Vienna, Department of Economics in its series Vienna Economics Papers with number 0207.
Date of creation: Apr 2002
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Other versions of this item:
- Manfred Nermuth & Carlos Alos-Ferrer, 2003. "A comment on "The selection of preferences through imitation"," Economics Bulletin, AccessEcon, vol. 3(7), pages 1-9.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-04-25 (All new papers)
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