We observe that the imitation dynamics of Cubitt and Sugden (Review of Economic Studies, 1998, hereafter 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 imitation process, containing their results as special cases, and extending them considerably. We also offer a comment on the special role of "pure" prospects.
|Original language||English (US)|
|State||Published - 2003|
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)