Borm, P., Estevez Fernandez, M.A. and Fiestras-Janeiro, M. (2009). Competitive environments and protective behavior Games and Economic Behavior, 67(1):245--252.
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Affiliated author
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Publication year2009
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JournalGames and Economic Behavior
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. {\textcopyright} 2008 Elsevier Inc. All rights reserved.