منابع مشابه
Imitation and price competition in a differentiated market
We study the market outcome that evolves in the long-run when price-setting firms, that compete in a differentiated market, are driven by an imitation dynamic. We find that the prices that can evolve in the long-run depend on the level of market differentiation and on the degree of oversight firms have on market decisions and outcomes. The unique symmetric pure Nash equilibrium price is always ...
متن کاملCompetition, Imitation and Growth with Step-by-Step Innovation
Is more intense product market competition and imitation good or bad for growth? This question is addressed in the context of an endogenous growth model with “step-by-step” innovations, in which technological laggards must first catch up with the leading-edge technology before battling for technological leadership in the future. In contrast to earlier Schumpeterian models in which innovations a...
متن کاملSocial Cognition: Imitation, Imitation, Imitation
Monkeys recognize when they are being imitated, but they seem unable to learn by imitation. These facts make sense if imitation is seen as two different capacities: social mirroring, when actions are matched and have social benefits; and learning by copying, when new behavioural routines are acquired by observation.
متن کاملExperimentally observed imitation and cooperation in price competition on the circle
This paper reports an experiment on a location game, the so-called “Price-Competition on the Circle.” There are n symmetric firms equidistantly located on a circle. Consumers are uniformly distributed. Each consumer buys one and only one unit from that firm whose price, including the cost of transportation, is the lowest, provided such a price is below a maximum willingness to pay. Experiments,...
متن کاملImitation
To plagiarise is surely the worst of sins for an author; a person who claims originality after copying the works of others is obviously a deceiver. But to live successfully in the world it is not necessary to be original and sinfulness only enters if originality is claimed falsely. In fact, imitation is one method by which the young develop; a child copies the behaviour of its parents, brothers...
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ژورنال
عنوان ژورنال: Anglistik
سال: 2020
ISSN: 0947-0034,2625-2147
DOI: 10.33675/angl/2020/2/14