Imitation and price competition in a differentiated market

DOI10.1016/J.JEDC.2017.06.005MaRDI QIDQ1655698zbMATH OpenOpenAlexFDO

Authors Abhimanyu Khan, Ronald Peeters

Publication date 9 August 2018

Published in Journal of Economic Dynamics and 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

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

Cited in

(8)

• scientific article; zbMATH DE number 1552540 (Why is no real title available?)
• Nash Q-learning agents in Hotelling's model: reestablishing equilibrium
• IMITATION IN FINANCIAL MARKETS
• Evolution of behavior when duopolists choose prices and quantities
• Imitation in a two-level hexapoly
• Imitation by price and quantity setting firms in a differentiated market
• Innovation and Imitation in a Duopoly
• Pricing in Bertrand competition with increasing marginal costs

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