Hicks, Robert L.; Horrace, William C.; Schnier, Kurt E. - In: Journal of Econometrics 168 (2012) 1, pp. 70-80
The “global game with strategic substitutes and complements” of Karp et al. (2007) is used to model the decision of where to fish. A complete information game is assumed, but the model is generalized to S1 sites. In this game, a fisherman’s payoff depends on fish density in each site and...