Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072013 | Games and Economic Behavior | 2012 | 9 Pages |
Abstract
⺠We show that the simple decision rule “imitate-if-better” can hardly be beaten by any other strategy. ⺠This results holds for a large class of games. ⺠We provide necessary and sufficient conditions for imitation to be unbeatable.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Peter Duersch, Jörg Oechssler, Burkhard C. Schipper,