Article ID Journal Published Year Pages File Type
5071686 Games and Economic Behavior 2015 8 Pages PDF
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
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