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...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2014
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| _version_ | 1797062177405796352 |
|---|---|
| author | Dubovik, A Parakhonyak, A |
| author_facet | Dubovik, A Parakhonyak, A |
| author_sort | Dubovik, A |
| collection | OXFORD |
| description | 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 instead the players are sufficiently far-sighted, then all three players converge in their power and stay in the game. We develop our model in application to drug wars, but the approach of targeted competition can be applied to competition between firms or political parties, or to warfare. |
| first_indexed | 2024-03-06T20:41:51Z |
| format | Journal article |
| id | oxford-uuid:348da5ca-0018-4001-85b4-3565806653d7 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T20:41:51Z |
| publishDate | 2014 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:348da5ca-0018-4001-85b4-3565806653d72022-03-26T13:26:41ZDrugs, guns, and targeted competitionJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:348da5ca-0018-4001-85b4-3565806653d7EnglishSymplectic Elements at OxfordElsevier2014Dubovik, AParakhonyak, AWe 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 instead the players are sufficiently far-sighted, then all three players converge in their power and stay in the game. We develop our model in application to drug wars, but the approach of targeted competition can be applied to competition between firms or political parties, or to warfare. |
| spellingShingle | Dubovik, A Parakhonyak, A Drugs, guns, and targeted competition |
| title | Drugs, guns, and targeted competition |
| title_full | Drugs, guns, and targeted competition |
| title_fullStr | Drugs, guns, and targeted competition |
| title_full_unstemmed | Drugs, guns, and targeted competition |
| title_short | Drugs, guns, and targeted competition |
| title_sort | drugs guns and targeted competition |
| work_keys_str_mv | AT dubovika drugsgunsandtargetedcompetition AT parakhonyaka drugsgunsandtargetedcompetition |