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| Manfred Nermuth and Carlos Alos-Ferrer |
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| ''A comment on "The selection of preferences through imitation"'' |
| ( 2003, Vol. 3 No.7 ) |
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| 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 such games then permit a more complete analysis of the CS imitation process, containing their results as special cases, and extending them considerably. We also offer a comment on the special role of "pure" prospects. |
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| Keywords: Imitation |
JEL:
D8 - Information, Knowledge, and Uncertainty: General |
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| Manuscript Received : Apr 07 2003 | | Manuscript Accepted : Apr 14 2003 |
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