Strategic complements
id:
strategic-complements-321-9709916
title:
Strategic complements
text:
In economics and game theory, the decisions of two or more players are called strategic complements if they mutually reinforce one another, and they are called strategic substitutes if they mutually offset one another. These terms were originally coined by Bulow, Geanakoplos, and Klemperer (1985). To see what is meant by 'reinforce' or 'offset', consider a situation in which the players all have similar choices to make, as in the paper of Bulow et al., where the players are all imperfectly compe
brand slug:
wiki
category slug:
encyclopedia
description:
Game theory concept
original url:
https://en.wikipedia.org/wiki/Strategic_complements
date created:
date modified:
2024-02-13T02:38:56Z
main entity:
{"identifier":"Q7621827","url":"https://www.wikidata.org/entity/Q7621827"}
image:
fields total:
13
integrity:
14