Template-Type: ReDIF-Paper 1.0
Title: Submodularity and the Evolution of Walrasian Behavior
Author-Name: Burkhard Schipper
Author-Email: 
Classification-JEL: C72, D21, D43, L13
Keywords: imitation, price-taking behavior, lattice theory, stochastic stability
Abstract: Vega-Redondo (1997) showed that imitation leads to the Walrasian outcome in Cournot Oligopoly. We generalize his result to aggregative quasi-submodular
	games. Examples are the Cournot Oligopoly, Bertrand games with differentiated complementary products, Common- Pool Resource games, Rent-Seeking 
	games and generalized Nash-Demand games. 
Note: 
Length: 12
Creation-Date: 2002-12	
Revision-Date: 
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse4_2003.pdf
File-Format: application/pdf
Handle: RePEc:bon:bonedp:bgse4_2003