Competitive environments and protective behavior

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

Research output: Contribution to journalArticleScientificpeer-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.
Original languageEnglish
Pages (from-to)245-252
JournalGames and Economic Behavior
Volume67
Issue number1
Publication statusPublished - 2009

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Competitive environment
Nash equilibrium
Rivalry

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Borm, P. E. M., Estevez Fernandez, M. A., & Fiestras-Janeiro, G. (2009). Competitive environments and protective behavior. Games and Economic Behavior, 67(1), 245-252.
Borm, P.E.M. ; Estevez Fernandez, M.A. ; Fiestras-Janeiro, G. / Competitive environments and protective behavior. In: Games and Economic Behavior. 2009 ; Vol. 67, No. 1. pp. 245-252.
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Borm, PEM, Estevez Fernandez, MA & Fiestras-Janeiro, G 2009, 'Competitive environments and protective behavior', Games and Economic Behavior, vol. 67, no. 1, pp. 245-252.

Competitive environments and protective behavior. / Borm, P.E.M.; Estevez Fernandez, M.A.; Fiestras-Janeiro, G.

In: Games and Economic Behavior, Vol. 67, No. 1, 2009, p. 245-252.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - Competitive environments and protective behavior

AU - Borm, P.E.M.

AU - Estevez Fernandez, M.A.

AU - Fiestras-Janeiro, G.

N1 - Appeared earlier as CentER Discussion Paper 2005-50

PY - 2009

Y1 - 2009

N2 - 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.

AB - 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.

M3 - Article

VL - 67

SP - 245

EP - 252

JO - Games and Economic Behavior

JF - Games and Economic Behavior

SN - 0899-8256

IS - 1

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Borm PEM, Estevez Fernandez MA, Fiestras-Janeiro G. Competitive environments and protective behavior. Games and Economic Behavior. 2009;67(1):245-252.