|Author(s):||Kfir Eliaz, Ran Spiegler|
|Publication Date:||February 2014|
|Keyword(s):||Contagion, Coordination, Externalities, Strategic complementarities|
|Programme Areas:||Industrial Organization|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=9814|
What is common to the following situations: incentivizing collective action in the presence of social preferences, monopoly pricing when consumers are loss averse, arms races when players are privately informed of their armament costs? We present a simple formalism, called X-games, which unifies these situations as well as others, and use it to unify and extend the separate analyses that they received in the literature.