Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset] (doi:10.11588/data/10021)

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Part 1: Document Description
Part 2: Study Description
Part 3: Data Files Description
Part 4: Variable Description
Part 5: Other Study-Related Materials
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Document Description

Citation

Title:

Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset]

Identification Number:

doi:10.11588/data/10021

Distributor:

heiDATA

Date of Distribution:

2014-08-01

Version:

Bibliographic Citation:

Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; Weidenholzer, Simon, 2014, "Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset]", https://doi.org/10.11588/data/10021, heiDATA, V2, UNF:5:9uTZvsy6tiSJe0U8/cdxPw== [fileUNF]

Study Description

Citation

Title:

Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset]

Identification Number:

doi:10.11588/data/10021

Authoring Entity:

Apesteguia, Jose

Huck, Steffen

Oechssler, Jörg (Alfred-Weber-Institute of Economics)

Weidenholzer, Simon (Alfred-Weber-Institute of Economics)

Producer:

Apesteguia, Jose

Huck, Steffen

Oechssler, Jörg

Weidenholzer, Simon

Distributor:

heiDATA

Distributor:

HeiDATA: Heidelberg Research Data Repository

Access Authority:

Oechssler, Jörg

Date of Deposit:

2014-07-31

Holdings Information:

https://doi.org/10.11588/data/10021

Study Scope

Keywords:

Social Sciences, Evolutionary game theory, Stochastic stability, Imitation, Cournot markets, Information, Experiments, Simulations

Topic Classification:

C72, C91, C92, D43, L13

Abstract:

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 to the slightest asymmetry in costs, since every outcome where agents choose identical actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility. We obtain that, contrary to the theoretical predictio n, the Walrasian outcome is a good predictor of market outcomes. Finally, we suggest a new theory based on a mix of imitation and other learning processes that explains subjects' behavior fairly well.

Country:

Germany

Geographic Coverage:

Germany

Universe:

Students

Methodology and Processing

Sources Statement

Data Access

Other Study Description Materials

Related Publications

Citation

Title:

Apesteguia, Jose; Huck, Jose; Oechssler, Jörg; Weidenhölzer, Simon, "Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally Robust", Journal of Economic Theory, 145 (2010), 1603-1617.

Identification Number:

10.1016/j.jet.2010.02.014

Bibliographic Citation:

File Description--f231

File: data JET 2010 AHOW.tab

Number of cases: 2700
No. of variables per record: 59
Type of File: text/tab-separated-values

Notes:

UNF:5:9uTZvsy6tiSJe0U8/cdxPw==

Variable Description

List of Variables:

treatment
Treat
Period
Subject
Group
TotalPayoff
ch - quantities
payoff
ch2
payoff2
ch3
payoff3
payoff_g
group_pay
var
g0_pay_g_round
g50_pay_g_round
UIOUM
UIODM
UIONM
DIODM
DIOUM
DIOnM
filter__ - Treat="g0" (FILTER)
UTEUM
UTEDM
UTENM
DTEUM
DTEDM
DTENM
IOwTE
TEwIO
compli
control
compli2
control2
group_pay_second_half
group_pay_first_round
distribution
control_distri
VAR00002
UIOUM_nca
UIODM_nca
UIONM_nca
UIOUM_CA
UIODM_CA
UIONM_CA
aver_UIOUM_nca
aver_UIODM_nca
aver_UIONM_nca
aver_UIOUM_CA
aver_UIODM_CA
aver_UIONM_CA
TIME
half
diff_ch
best
diff_ib
diff_br

Variables

treatment

f231 Location:

Variable Format: character

Notes: UNF:5:oVABWy5UCUqgedMqX+UYTA==

Treat

f231 Location:

Variable Format: character

Notes: UNF:5:Mxmq0qsMjYBilebPAvCyHQ==

Period

f231 Location:

Variable Format: numeric

Notes: UNF:5:8vYQdencmzZnlW7uYi6zZQ==

Subject

f231 Location:

Variable Format: numeric

Notes: UNF:5:XoBuiktSrSUCWaXF3RQPbQ==

Group

f231 Location:

Variable Format: numeric

Notes: UNF:5:8nK9P2TOd0eCbl6r4DMC6g==

TotalPayoff

f231 Location:

Variable Format: numeric

Notes: UNF:5:964reCYN5+km7ri0WxU9mg==

quantities

f231 Location:

Variable Format: numeric

Notes: UNF:5:Nto5tzvav8qcisjB/Ml9Vg==

payoff

f231 Location:

Variable Format: numeric

Notes: UNF:5:U+lz/ebgs+9uI88c3iovGA==

ch2

f231 Location:

Variable Format: numeric

Notes: UNF:5:A9ryEBwQ/PdIoaVTXEwbUg==

payoff2

f231 Location:

Variable Format: numeric

Notes: UNF:5:hMnkmvRUHWwKhitjQILFgQ==

ch3

f231 Location:

Variable Format: numeric

Notes: UNF:5:dkA5ajAxMVT907eEdtO2Mg==

payoff3

f231 Location:

Variable Format: numeric

Notes: UNF:5:hi1Ppxfz1dGzFVHEnoie4g==

payoff_g

f231 Location:

Variable Format: numeric

Notes: UNF:5:AXEX/uA84uivYMFefA7Uog==

group_pay

f231 Location:

Variable Format: numeric

Notes: UNF:5:OST2vewPAV+cxp6Gadzr9g==

var

f231 Location:

Variable Format: numeric

Notes: UNF:5:xPNLYfigut4DFveS0Vrr/g==

g0_pay_g_round

f231 Location:

Variable Format: numeric

Notes: UNF:5:R3bwFbec+r9brd51a0LCPg==

g50_pay_g_round

f231 Location:

Variable Format: numeric

Notes: UNF:5:HAQeDJLU/7zmCNzauSlJgg==

UIOUM

f231 Location:

Variable Format: numeric

Notes: UNF:5:vNXMzHLrTv1/7Gv5UPNrxw==

UIODM

f231 Location:

Variable Format: numeric

Notes: UNF:5:i9xZSiLFKfNRpqzFeVaSxA==

UIONM

f231 Location:

Variable Format: numeric

Notes: UNF:5:AFXDs/gyUV4pkkJ9+rNWnw==

DIODM

f231 Location:

Variable Format: numeric

Notes: UNF:5:FnRx+YkDkxoYc3f6lAsyQA==

DIOUM

f231 Location:

Variable Format: numeric

Notes: UNF:5:00Z1gbzlSOscbq0b3SVcWA==

DIOnM

f231 Location:

Variable Format: numeric

Notes: UNF:5:WHhWGlCraiEUATmMU01FbQ==

Treat="g0" (FILTER)

f231 Location:

Value	Label	Frequency	Text
1.	Seleccionado	0
0.	No seleccionado	0

Variable Format: numeric

Notes: UNF:5:fXmiM7sd663Z3MfW8FO8KQ==

UTEUM

f231 Location:

Variable Format: numeric

Notes: UNF:5:h3u3mTZ3YONwiEytSNHaIQ==

UTEDM

f231 Location:

Variable Format: numeric

Notes: UNF:5:F5vemVf/ZMhRfad4amJepw==

UTENM

f231 Location:

Variable Format: numeric

Notes: UNF:5:t69z/CIgVsrB/0NOUWnmdw==

DTEUM

f231 Location:

Variable Format: numeric

Notes: UNF:5:RGa8DfRE6Cknip86wF60lg==

DTEDM

f231 Location:

Variable Format: numeric

Notes: UNF:5:bHcMILwfRdKFh9BVcUDd0A==

DTENM

f231 Location:

Variable Format: numeric

Notes: UNF:5:7dSorJ/iL9ZgP44livDclQ==

IOwTE

f231 Location:

Variable Format: numeric

Notes: UNF:5:avNxUlFsj8Vw1T7R+EaSjA==

TEwIO

f231 Location:

Variable Format: numeric

Notes: UNF:5:xxBbBnazzrEs4BR6QRzp6w==

compli

f231 Location:

Variable Format: numeric

Notes: UNF:5:Nf5ZdH7lgog725MyMzAbbQ==

control

f231 Location:

Variable Format: numeric

Notes: UNF:5:w/o4Jx2vuak2J30sQDQybQ==

compli2

f231 Location:

Variable Format: numeric

Notes: UNF:5:IknO/tyaDSx0LvZM1TXPyw==

control2

f231 Location:

Variable Format: numeric

Notes: UNF:5:2Mj3ySuaygRI9EPQ5yEATA==

group_pay_second_half

f231 Location:

Variable Format: numeric

Notes: UNF:5:H+fPeEsZ4koBM6v9rLe//A==

group_pay_first_round

f231 Location:

Variable Format: numeric

Notes: UNF:5:QAi0Jvk3XZZu7+IiOAPVeQ==

distribution

f231 Location:

Variable Format: numeric

Notes: UNF:5:L1AchZOqu/dsncapxAs40A==

control_distri

f231 Location:

Variable Format: numeric

Notes: UNF:5:mT4IBFyRc8CakMr2zZQU5g==

VAR00002

f231 Location:

Variable Format: numeric

Notes: UNF:5:Zf8+iOfwgyOywCuh/RYVhQ==

UIOUM_nca

f231 Location:

Variable Format: numeric

Notes: UNF:5:qxfkAt+NaekSbCGAL/Xu1g==

UIODM_nca

f231 Location:

Variable Format: numeric

Notes: UNF:5:USa7ycfDnwYKs4OyDHpOmQ==

UIONM_nca

f231 Location:

Variable Format: numeric

Notes: UNF:5:cjIN02MNpimFZ1DfTiPGNg==

UIOUM_CA

f231 Location:

Variable Format: numeric

Notes: UNF:5:BTPsGlXHkxaUq3W9RxoEFw==

UIODM_CA

f231 Location:

Variable Format: numeric

Notes: UNF:5:UtkrbU/AEEZbir/EgwtyCA==

UIONM_CA

f231 Location:

Variable Format: numeric

Notes: UNF:5:5guMKp+A1+5IyxYW/PGHEg==

aver_UIOUM_nca

f231 Location:

Variable Format: numeric

Notes: UNF:5:KdQouVgg6uMRcblnWy7fYg==

aver_UIODM_nca

f231 Location:

Variable Format: numeric

Notes: UNF:5:r3wqpIGvwXtpZuuIH67kng==

aver_UIONM_nca

f231 Location:

Variable Format: numeric

Notes: UNF:5:/YgIOMCHa0fOgjqQGIwuWQ==

aver_UIOUM_CA

f231 Location:

Variable Format: numeric

Notes: UNF:5:mvGIHidS6cIrTaL83LKLIg==

aver_UIODM_CA

f231 Location:

Variable Format: numeric

Notes: UNF:5:zi/siOhET5R5BqGnz8Mx0A==

aver_UIONM_CA

f231 Location:

Variable Format: numeric

Notes: UNF:5:xkggcBQVZpAbkVSc0ke+tA==

TIME

f231 Location:

Variable Format: numeric

Notes: UNF:5:UUNk3mFeFlhLVMpPXlCYcQ==

half

f231 Location:

Variable Format: numeric

Notes: UNF:5:zHTjf89Agij46cl40+65/g==

diff_ch

f231 Location:

Variable Format: numeric

Notes: UNF:5:16cuiy42I8Bvoz3nBAfXcQ==

best

f231 Location:

Variable Format: numeric

Notes: UNF:5:LjPt3pBFURmyue9mhPyPTQ==

diff_ib

f231 Location:

Variable Format: numeric

Notes: UNF:5:ht4E4d+l92pdutStBUw0+w==

diff_br

f231 Location:

Variable Format: numeric

Notes: UNF:5:kevYHvVJLmWL0vet5dF7BA==

Other Study-Related Materials

Label:

data JET 2010 AHOW.xlsx

Text:

OpenXML - Spreadsheet format

Notes:

application/octet-stream

Other Study-Related Materials

Label:

LZA.tar.gz

Text:

This file is for internal use only.

Notes:

application/x-gzip