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X-games

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  • Eliaz, Kfir
  • Spiegler, Ran

Abstract

What is common to the following situations: designing random incentive schemes to implement team effort, monopoly pricing when consumers are loss averse, arms races when players are privately informed of their armament costs? We present a simple formalism, called X-games, which captures these situations as well as others, and use it to unify and extend the separate analyses that they received in the literature.

Suggested Citation

  • Eliaz, Kfir & Spiegler, Ran, 2015. "X-games," Games and Economic Behavior, Elsevier, vol. 89(C), pages 93-100.
    • Handle: RePEc:eee:gamebe:v:89:y:2015:i:c:p:93-100
    DOI: 10.1016/j.geb.2014.12.005
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    References listed on IDEAS

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    1. Sandeep Baliga & Tomas Sjöström, 2004. "Arms Races and Negotiations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(2), pages 351-369.
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    5. Botond Kőszegi, 2010. "Utility from anticipation and personal equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(3), pages 415-444, September.
    6. József Sákovics & Jakub Steiner, 2012. "Who Matters in Coordination Problems?," American Economic Review, American Economic Association, vol. 102(7), pages 3439-3461, December.
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    8. Rubinstein, Ariel, 1989. "The Electronic Mail Game: Strategic Behavior under "Almost Common Knowledge."," American Economic Review, American Economic Association, vol. 79(3), pages 385-391, June.
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    10. Spiegler, Ran, 2000. "Extracting Interaction-Created Surplus," Games and Economic Behavior, Elsevier, vol. 30(1), pages 142-162, January.
    11. Blonski, Matthias, 1999. "Anonymous Games with Binary Actions," Games and Economic Behavior, Elsevier, vol. 28(2), pages 171-180, August.
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    More about this item

    Keywords

    Externalities; Strategic complements; Strategic substitutes;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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