The management literature is paying increasing attention to the phenomenon of imitation.
However, there are several gaps in understanding what drives firms' imitative behaviors …

Mainstream analysis of economic behavior assumes that economic incentives can shape
behavior even when individual agents have limited understanding of the environment (see …

Humans are a puzzling species. On the one hand, we struggle to survive on our own in the
wild, often failing to overcome even basic challenges, like obtaining food, building shelters …

Cooperation among humans is one of the keys to our great evolutionary success. Natalie
and Joseph Henrich examine this phenomena with a unique fusion of theoretical work on …

In this paper we investigate how the competitiveness of Cournot markets varies with the
number of firms in an industry. We review previous Cournot experiments in the literature …

This paper studies equilibrium selection in the retail gasoline industry. We exploit a unique
dataset that contains the universe of station-level prices for an urban market for 15 years …

We investigate how cognitive ability and character skills influence the evolution of play
toward Nash equilibrium in repeated strategic interactions. We find that more cognitively …

This textbook offers a systematic, self-contained account of the main contributions of modern
game theory and its appl ications to economics. Starting with a detailed description of how to …

We introduce a generalized theoretical approach to study imitation and subject it to rigorous
experimental testing. In our theoretical analysis we find that the different predictions of …

Human social life is uniquely complex and diverse. Much of that complexity and diversity
arises from culturally transmitted ideas, values and skills that underpin the operation of …