A comment on "The selection of preferences through imitation" (2003)
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...
A Theory Of Sequential Reciprocity* (1998)
Martin Dufwenberg Georg, Georg Kirchsteiger, Jel Codes A, Manfred Nermuth, Muriel Niederle, Matthew Rabin, ...
Many experimental studies indicate that people are motivated by reciprocity. Rabin (1993) develops techniques for incorporating such concerns into game theory and economics. His theory is developed...
A comment on "The selection of preferences through imitation"
Carlos Alos-Ferrer, Manfred Nermuth
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...
The Structure of Equilibrium in an Asset Market with Variable Supply
We characterize the structure of Nash equilibria in asset market games with variable asset supply. In equilibrium, di®erent assets have dif- ferent returns, and (risk neutral) investors with...
A Comment on "The Selection of Preferences Through Imitation"
Carlos Alós-Ferrer, Manfred Nermuth
We 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...