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The process of experimentation and imitation converges almost surely to the equilibrium and another region in which the process is only weakly convergent.
"Experimentation, Imitation, and Stochastic Stability: Addendum," Journal of Economic Theory, Elsevier, vol. 97(1), pages 164-174, March. Handle: RePEc:eee: ...
(2001). Experimentation, Imitation, and. Stochastic Stability: Addendum. 1. Douglas Gale. Department of Economics,New York University,269 Mercer Street,. New ...
While a sensible agent might engage in both experimentation and imitation, we simplify here by assum- ing that each agent specializes in exactly one of these ...
Missing: Addendum. | Show results with:Addendum.
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Douglas Gale & Robert W. Rosenthal, 1996. "Experimentation, Imitation, and Stochastic Stability," Papers 0065, Boston University - Industry Studies Programme.
While a sensible agent might engage in both experimentation and imitation, we simplify here by assuming that each agent specializes in exactly one of these ...
Missing: Addendum. | Show results with:Addendum.
[3] D. Gale, R.W. Rosenthal, Experimentation, imitation, and stochastic stability: addendum, J. Econ. Theory 97 (2001) 164–174.
... Experimentation, Imitation, and Stochastic Stability: Addendum. Gale D., Rosenthal R.W.. Q1. Elsevier. Journal of Economic Theory , 2001 , citations by CoLab: 4 ...
Experimentation, imitation, and stochastic stability : addendum. Gale, Douglas, (2001). Experimentation, Imitation, and Stochastic Stability: Addendum to.