FORMULATION AND APPLICATIONS OF HIERARCHY GAMES
Mitsutaka Matsumoto ()
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Mitsutaka Matsumoto: Department of Value and Decision Science, Tokyo Institute of Technology, Japan
International Game Theory Review (IGTR), 2001, vol. 03, issue 02n03, 189-201
Abstract:
In this paper, I discuss the formulation and some applications of a framework called "hierarchy games". Hierarchy games are a game theoretical framework in which two or more games interact with one another. The interaction among games can be best described by the following two characteristics: (1) the outcome of a lower-level game could restrict the available actions of a player in higher-level. (2) the payoff of a higher-level player is shared by lower-level players. The above ideas were first proposed by Hausken in 1995. The paper attempts to develop further those ideas. First, some parts of the framework are defined more rigorously than Hausken's formulation. Secondly, some applications of the framework to the field of International Relations are discussed.
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:igtrxx:v:03:y:2001:i:02n03:n:s0219198901000403
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DOI: 10.1142/S0219198901000403
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