Competitive environments and protective behavior

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

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1 Citation (Scopus)

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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    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.