Competitive Entities Exploit Private Payoffs, Upending Public Optimality
The article introduces a new type of strategic game called Intention Games, where players can choose to deviate from the best strategies if they have private benefits. The researchers show how these games can be applied to various real-world scenarios like competition between mobile apps, Internet service providers, and Bitcoin miners. They also demonstrate how Intention Games can help determine player participation in cryptographic protocols. This new framework offers a different perspective on strategic interactions between competitors.