A comment on "The selection of preferences through imitation"

Carlos Alos-Ferrer, Manfred Nermuth

Research output: Contribution to journalArticle

Abstract

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 languageEnglish (US)
JournalEconomics Bulletin
Volume3
Issue number1
StatePublished - 2003

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

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