کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7349021 1476596 2018 4 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Asymmetric equilibria in spatial competition under weakly concave scoring rules
ترجمه فارسی عنوان
تعادل نامتقارن در مسابقات فضایی تحت قوانین ضربهای ضعیف ضخیم
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
The Hotelling-Downs model of spatial competition is used to investigate the strategic position-taking behavior of firms or political parties under scoring rules. Previous studies of non-convergent Nash equilibria - equilibria in which divergent positions are chosen - found that they often do not exist and, when they do, they are fairly symmetric. In particular, this is true for convex scoring rules (Cahan and Slinko, 2017). Here, we investigate non-convergent equilibria for the broad class of weakly concave scoring rules. Surprisingly, we find that only asymmetric equilibria can exist, and we present several examples.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economics Letters - Volume 167, June 2018, Pages 71-74
نویسندگان
, , ,