Drugs, guns, and targeted competition

We consider a dynamic competition game involving three players, in which each player can vary the extent of his competition on a per-rival basis. We call such competition targeted. We show that if the players are myopic, then the weaker players eventually lose the game to their strongest rival. If i...

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Bibliographic Details
Main Authors: Dubovik, A, Parakhonyak, A
Format: Journal article
Language:English
Published: Elsevier 2014