Imitation and price competition in a differentiated market

DOI10.1016/j.jedc.2017.06.005zbMath1401.91060OpenAlexW2671213452MaRDI QIDQ1655698

Abhimanyu Khan, Ronald J. A. P. Peeters

Publication date: 9 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://cris.maastrichtuniversity.nl/ws/files/1682954/guid-9a3aaf89-6e35-48a1-ac45-42eebc0e4b5a-ASSET1.0.pdf

zbMATH Keywords

evolutiondifferentiated marketsgradual imitationimmediate imitation

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

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Cites Work

• Imitation in Cournot oligopolies with multiple markets
• Stochastically stable states in an oligopoly with differentiated goods: Equivalence of price and quantity strategies
• An evolutionary model of Bertrand oligopoly
• Imitation by price and quantity setting firms in a differentiated market
• Long run equilibria in an asymmetric oligopoly.
• Imitation-theory and experimental evidence
• Experimentally observed imitation and cooperation in price competition on the circle
• The Evolution of Walrasian Behavior
• Imitation and Belief Learning in an Oligopoly Experiment
• Learning, Mutation, and Long Run Equilibria in Games
• The Evolution of Conventions

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