A Location Game On Disjoint Circles
AbstractTwo players are endowed with resources for setting up N locations on K identical circles, with N > K ≥ 1. The players alternately choose these locations (possibly in batches of more than one in each round) in order to secure the area closer to their locations than that of their rival's. They face a resource mobility constraint such that not all N locations can be placed in the first round. The player with the highest secured area wins the game and otherwise the game ends in a tie. Earlier research has shown that for K = 1, the second mover always has a winning strategy in this game. In this paper we show that with K > 1, the second mover advantage disappears as in this case both players have a tying strategy. We also study a natural variant of this game where the resource mobility constraint is more stringent so that in each round each player chooses a single location where we show that the second mover advantage re-appears. We suggest some Nash equilibrium configurations of locations in both versions of the game.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Game Theory Review.
Volume (Year): 11 (2009)
Issue (Month): 04 ()
Contact details of provider:
Web page: http://www.worldscinet.com/igtr/igtr.shtml
Other versions of this item:
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- C0 - Mathematical and Quantitative Methods - - General
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D5 - Microeconomics - - General Equilibrium and Disequilibrium
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Economides, Nicholas, 1986. "Minimal and maximal product differentiation in Hotelling's duopoly," Economics Letters, Elsevier, vol. 21(1), pages 67-71.
- Helios Herrera & Cesar Martinelli, 2006.
"Group Formation and Voter Participation,"
321307000000000225, UCLA Department of Economics.
- Helios Herrera & Cesar Martinelli, 2005. "Group Formation and Voter Participation," Working Papers 0502, Centro de Investigacion Economica, ITAM.
- Cesar Martinelli & Helios Herrera, 2005. "Group Formation and Voter Participation," 2005 Meeting Papers 687, Society for Economic Dynamics.
- Helios Herrera & César Martinelli, 2006. "Group Formation and Voter Participation," Levine's Bibliography 666156000000000463, UCLA Department of Economics.
- Marcin Konrad Dziubinski, 2008. "Voronoi game on disjoint open curves," Working Papers 591829, Lancaster University Management School, Economics Department.
- Marcin Dziubiński, 2011. "Location game on disjoint line segments," International Journal of Game Theory, Springer, vol. 40(2), pages 231-262, May.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tai Tone Lim).
If references are entirely missing, you can add them using this form.