Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but ...

A well-known result by Vega-Redondo (1997) [18] implies that in symmetric Cournot oligopolies, imitation leads to the Walrasian outcome. We show that this result is not robust...Vega-Redondo（1997）[18]提出的一项广为人知的研究结论表明，在对称古诺寡头垄断（symmetric Cournot oligopoly）市场中，模仿行为会导向瓦尔拉斯均衡结果（Walrasian outcome）。本文证明，该结论并不具备鲁棒性。