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Andrei Dubovik | Alexei Parakhonyak Selective competition
We consider a dynamic (differential) game with three players competing against each other. Each period each player can allocate his resources so as to direct his competition towards particular rivals -- we call such competition selective. The setting can be applied to a wide variety of cases: competition between firms, competition between political parties, warfare. We show that if the players are myopic, the weaker players eventually loose the game to their strongest rival. Vice versa, if the players...
Non-fictie
Engels | 15 pagina's | Tinbergen Institute, Amsterdam [etc.] | 2009
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