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Information Journal Paper

Title

POLITICAL ECONOMY OF NINTH GOVERNMENT BASED ON GAME THEORY

Pages

  19-42

Abstract

 This paper analyzes the reaction of the 9th Government with WORKERS and capitalists using GAME THEORY. The type of game between three players is static with perfect information. Strategy of the players is determined through the use of Hierarchical Processes and Network Analysis Method. The equilibrium between these three players is the Nash type of equilibrium. In the Hierarchical and Network Analyses the 1st priority for the government and the capitalists’ players is a lower unemployment rate and access to better business conditions, in that order, however, the 1st priority for the WORKERS is receiving a higher real wage, in the Hierarchical Analysis, and protecting their employment, in the Network Analysis. Contradictory priorities indicate that strategies are not optimum. According to the Nash Balance Games’ Theory too, the priorities are higher rate of economic growth (national income), for the government, and better business conditions and getting a higher real wage, for the WORKERS.

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    APA: Copy

    POURKAZEMI, MOHAMMAD HOSSEIN, MORADDARVISH, ABDOLAZIZ, & VALI, MASSOME. (2014). POLITICAL ECONOMY OF NINTH GOVERNMENT BASED ON GAME THEORY. TAHGHIGHAT-E-EGHTESADI, 49(1), 19-42. SID. https://sid.ir/paper/11707/en

    Vancouver: Copy

    POURKAZEMI MOHAMMAD HOSSEIN, MORADDARVISH ABDOLAZIZ, VALI MASSOME. POLITICAL ECONOMY OF NINTH GOVERNMENT BASED ON GAME THEORY. TAHGHIGHAT-E-EGHTESADI[Internet]. 2014;49(1):19-42. Available from: https://sid.ir/paper/11707/en

    IEEE: Copy

    MOHAMMAD HOSSEIN POURKAZEMI, ABDOLAZIZ MORADDARVISH, and MASSOME VALI, “POLITICAL ECONOMY OF NINTH GOVERNMENT BASED ON GAME THEORY,” TAHGHIGHAT-E-EGHTESADI, vol. 49, no. 1, pp. 19–42, 2014, [Online]. Available: https://sid.ir/paper/11707/en

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