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Strategic Defense And Attack For Series And Parallel Reliability Systems: Comment

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  • Dan Kovenock
  • Brian Roberson

Abstract

The contest-theoretic literature on the attack and defense of networks of targets focuses primarily on pure-strategy Nash equilibria. Hausken's 2008 European Journal of Operational Research article typifies this approach, and many of the models in this literature either build upon this model or utilize similar techniques. We show that Hausken's characterization of Nash equilibrium is invalid for much of the parameter space examined and provides necessary conditions for his solution to hold. The complete characterization of mixed-strategy equilibria remains an open problem, although there exist solutions in the literature for special prominent cases.

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File URL: http://hdl.handle.net/10.1080/10242694.2012.660606
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Defence and Peace Economics.

Volume (Year): 23 (2012)
Issue (Month): 5 (October)
Pages: 507-515

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Handle: RePEc:taf:defpea:v:23:y:2012:i:5:p:507-515

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Cited by:
  1. Kjell Hausken, 2012. "Strategic Defense and Attack for Series and Parallel Reliability Systems: Reply to Rejoinder," Defence and Peace Economics, Taylor & Francis Journals, vol. 23(5), pages 517-519, October.
  2. Dan Kovenock & Brian Roberson, 2012. "Strategic Defense and Attack for Series and Parallel Reliability Systems: Rejoinder," Purdue University Economics Working Papers 1268, Purdue University, Department of Economics.
  3. Dan Kovenock & Brian Roberson & Roman M. Sheremeta, 2010. "The Attack and Defense of Weakest-Link Networks," Working Papers 10-14, Chapman University, Economic Science Institute.
  4. Hausken, Kjell, 2010. "Strategic Defense and Attack for Series and Parallel Reliability Systems: Reply on Comment," MPRA Paper 25497, University Library of Munich, Germany, revised 02 Oct 2010.

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