Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072633 | Games and Economic Behavior | 2009 | 8 Pages |
Abstract
The class of two-person competition games is introduced and analyzed. For any game in this class the set of Nash equilibria is convex and all Nash equilibria lead to the same payoff vector. Competition games are compared to other competitive environments such as unilaterally competitive games and rivalry games. Moreover, protective behavior within competitive environments is analyzed. For matrix games it is known that protective strategies profiles exactly correspond to proper equilibria. It is shown that this result can be extended to the class of unilaterally competitive games.
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Economics and Econometrics
Authors
Peter Borm, Arantza Estévez-Fernández, M. Gloria Fiestras-Janeiro,