Imitation in heterogeneous populations
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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| Main Authors: | , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Heidelberg
University of Heidelberg, Department of Economics
August 5, 2016
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| Series: | Discussion paper series / University of Heidelberg, Department of Economics
no. 625 |
| In: |
Discussion paper series (no. 625)
|
| DOI: | 10.11588/heidok.00022241 |
| Subjects: | |
| Online Access: | 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 
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| Author Notes: | Jonas Hedlund and Carlos Oyarzun |
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