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Imitation in heterogeneous populations

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We study a boundedly rational model of imitation when payoff distributions of actions differ across types of individuals. Individuals observe others’ actions and payoffs, and a comparison signal. One of two inefficiencies always arises: (i) uniform adoption, i.e., all individuals choose the action t...

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Bibliographische Detailangaben
Hauptverfasser: Hedlund, Jonas (VerfasserIn) , Oyarzun, Carlos (VerfasserIn)
Dokumenttyp: Book/Monograph Arbeitspapier
Sprache:Englisch
Veröffentlicht: Heidelberg University of Heidelberg, Department of Economics August 5, 2016
Schriftenreihe:Discussion paper series / University of Heidelberg, Department of Economics no. 625
In: Discussion paper series (no. 625)

DOI:10.11588/heidok.00022241
Schlagworte:
Arbeitspapier
Graue Literatur
Online-Zugang:Resolving-System, kostenfrei, Volltext: http://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-222416
Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/162968
Resolving-System, kostenfrei, Volltext: https://doi.org/10.11588/heidok.00022241
Verlag, kostenfrei, Volltext: http://www.ub.uni-heidelberg.de/archiv/22241
Verlag, kostenfrei, Volltext: http://archiv.ub.uni-heidelberg.de/volltextserver/22241/1/hedlund_oyarzun_2016_dp625.pdf
Volltext
Verfasserangaben:Jonas Hedlund and Carlos Oyarzun

MARC

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