Subsidization to induce tipping
نویسندگان
چکیده
Article history: Received 11 December 2009 Received in revised form 21 August 2010 Accepted 5 October 2010 Available online xxxx JEL classification: C7 H2
منابع مشابه
Subsidized Security and Stability of Equilibrium Solutions in an N -Player Game with Errors∗
Optimizing resource allocation in interdependent security problems is a serious challenge for U.S. homeland security. In this paper, game theory is applied to this challenge in the case where investment by one defender has positive externalities for other players. The phenomena of tipping and cascading are discussed, and we explore how to target subsidized security in order to achieve the best ...
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