Competitive environments and protective behavior

P. Borm, M.A. Estevez Fernandez, M.G. Fiestras-Janeiro

    Research output: Contribution to JournalArticleAcademicpeer-review

    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. © 2008 Elsevier Inc. All rights reserved.
    Original languageEnglish
    Pages (from-to)245-252
    Number of pages8
    JournalGames and Economic Behavior
    Volume67
    Issue number1
    DOIs
    Publication statusPublished - 2009

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