کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5072202 1373496 2012 14 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Potential competition in preemption games
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Potential competition in preemption games
چکیده انگلیسی
► We study a preemption game in which two potential competitors come into play at random secret times. ► The presence of a competitor is revealed to her opponent only when the former moves. ► All equilibria lead to the same distribution of moving times; we explicitly construct an equilibrium. ► Competition is nonmonotonic over time, and private information reduces rent dissipation. ► Our results have a natural interpretation in terms of eroding reputations.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Games and Economic Behavior - Volume 75, Issue 1, May 2012, Pages 53-66
نویسندگان
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