Long-term competition in a dynamic game the cold fish war by Jonathan A. K. Cave

Cover of: Long-term competition in a dynamic game | Jonathan A. K. Cave

Published by Rand in Santa Monica, CA .

Written in English

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  • Game theory.,
  • Games of strategy (Mathematics)

Edition Notes

Book details

Other titlesCold fish war
StatementJonathan Cave.
SeriesRand paper series
ContributionsRand Corporation.
The Physical Object
Pagination30 p. ;
Number of Pages30
ID Numbers
Open LibraryOL16563873M

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Get this from a library. Long-term competition in a dynamic game: the cold fish war. [Jonathan A K Cave; Rand Corporation.].

This paper extends the use of history-dependent strategies to an example of a more general class of games called dynamic games. The "Great Fish War" of D. Levhari and L. Mirman provides an example of a dynamic game in which several players jointly exploit a renewable resource.

Downloadable (with restrictions). This article presents a model of credible, voluntary, collective agreements in a dynamic game. These agreements are implicit in collections of history-dependent (threat) strategies. I consider the strategies in a game of resource exploitation.

Credibility is represented by perfect equilibrium. Voluntarism requires at least that all behavior be supported by the. 1 day ago  From a long-term perspective, however, outperforming the competition can be even more important, the market is still in its initial growth stage, and consolidating a leading position in such a.

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Part of the Annals of the International Society of Dynamic Games book series (AISDG, volume 3) Abstract. The paper deals with some issues of dynamic game modelling and management strategy, in particular pertaining Long-term competition in a dynamic game book a firm’s market strategy.

“Long-Term Competition - A Game Theoretic Analysis”, in Essays in Game Theory in Honor of. The role of information structure in dynamic games is highlighted and different equilibria are discussed. The authors also show how memory-based (non-Markovian) strategies can support Pareto-efficient outcomes in a dynamic game.

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Companies.This dynamic was introduced in the early days of game theory by Brown and von Neumann () in the context of symmetric zero-sum games. Nash () used a discrete-time analog of this dynamic as the basis for a simple proof of existence of equilibrium via Brouwer's theorem.

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