Competitive environments and protective behavior

Peter Borm, Arantza Estévez-Fernández and M. Gloria Fiestras-Janeiro
Authors registered in the RePEc Author Service: Arantza Estévez Fernández

Games and Economic Behavior, 2009, vol. 67, issue 1, 245-252

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.

Keywords: Competitive; environments; Unilaterally; competitive; games; Rivalry; games; Competition; games; Protective; strategies (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:67:y:2009:i:1:p:245-252

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