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Unbeatable imitation

Article ID Journal Published Year Pages File Type
5072013 Games and Economic Behavior 2012 9 Pages PDF
Abstract
► We show that the simple decision rule “imitate-if-better” can hardly be beaten by any other strategy. ► This results holds for a large class of games. ► We provide necessary and sufficient conditions for imitation to be unbeatable.
Keywords
C72Zero-sum gamesD43C73Symmetric gamesLearning
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Unbeatable imitation
Authors
Peter Duersch, Jörg Oechssler, Burkhard C. Schipper,
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Journal
Games and Economic Behavior
Journal: Games and Economic Behavior
Related Categories
C72
Zero-sum games
D43
C73
Symmetric games
Learning
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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