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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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    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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