In this paper, we study the global dynamics of a complementarity game with effort cost externalities. Following Matsuyama (2002), we assume that identical players are simultanously engaged in two identical games, where the players' efforts chosen in each of the games exhibit a strategic...

In this paper, we analyze the properties of evolutionary switching models for oligopoly games, where boundedly rational agents can follow different behavioral rules (or heuristics) to update their production decisions through repeated adaptive rules. In particular, we focus on well known...

In an evolutionary delegation game, we investigate the effects on market outputs of different levels of information about the way managers are compensated. When managers are informed about their opponents, the long -- run configuration of the industry depends on market conditions. When managers...

We study how managerial bargaining power affects outcomes and payoffs in a Hotelling-type duopoly framework with restricted and unrestricted locations. We show that bargaining power only affects the distribution of the surplus between owners and managers, but does not affect the locations,...

We move from a triopoly game with heterogeneous players (E.M.Elabassy et al., 2009. Analysis of nonlinear triopoly game with heterogeneous players. Computers and Mathematics with Applications 57, 488-499). We remove the nonlinearity from the cost function and introduce it in the demand function....