Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5071686 | Games and Economic Behavior | 2015 | 8 Pages |
Abstract
What is common to the following situations: designing random incentive schemes to implement team effort, monopoly pricing when consumers are loss averse, arms races when players are privately informed of their armament costs? We present a simple formalism, called X-games, which captures these situations as well as others, and use it to unify and extend the separate analyses that they received in the literature.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kfir Eliaz, Ran Spiegler,