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No abstract received.
Persistent link: https://www.econbiz.de/10005081073
Two 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...
Persistent link: https://www.econbiz.de/10008475662
The paper studies a game of common interest played infinitely many times between two players, one being aspiration driven while the other being a myopic optimizer. It is shown that the only two long run stationary outcomes are the two static equilibrium points. Robustness of long run behavior is...
Persistent link: https://www.econbiz.de/10004977742