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Coopetitive game solutions for the eurozone economy

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  • Carfì, D.
  • Magaudda, M.
  • Schilirò, D.

Abstract

This paper aims at providing, through a game theory model of coopetition, feasible solutions in a cooperative perspective to the problems that affect the Eurozone economy after the Greek crisis. In particular, it focuses on stability and growth as the primary goals, which should drive the Eurozone economy in consequence of the financial and economic crisis of the Greek economy with its effects throughout the Euro area. By means of two coopetitive models derived by an original general analytical framework of coopetition, we show in our paper the strategies that could bring to feasible solutions in a cooperative perspective between Germany and Greece, where these feasible solutions aim at “sharing the pie fairly”, by offering a win-win outcome for both countries, within a growth path represented by a non-zero sum game. A remarkable analytical result of the paper consists in the determination of the winwin solution by a new selection method on the transferable utility Pareto boundary of the coopetitive game.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 26541.

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Date of creation: Sep 2010
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Handle: RePEc:pra:mprapa:26541

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Keywords: Eurozone Economy; Coopetition; Game Theory;

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References

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  1. Frederick L. Joutz & Stephan Danninger, 2007. "What Explains Germany's Rebounding Export Market Share?," IMF Working Papers 07/24, International Monetary Fund.
  2. Daniele Schilirò, 2008. "Investing in Knowledge: Knowledge, Human Capital and Institutions for the Long Run Growth," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo econo crn0804, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
  3. Jean Pisani-Ferry & Adam Posen, . "The euro at ten: the next global currency?," Books, Bruegel, Bruegel, number 303, 9.
  4. Alberto Alesina & Silvia Ardagna, 2010. "Large Changes in Fiscal Policy: Taxes versus Spending," NBER Chapters, in: Tax Policy and the Economy, Volume 24, pages 35-68 National Bureau of Economic Research, Inc.
  5. Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, Blackwell Publishing, vol. 42(s1), pages 199-215, 09.
  6. Jacob Funk Kirkegaard, 2010. "In Defense of Europe's Grand Bargain," Policy Briefs PB10-14, Peterson Institute for International Economics.
  7. Daniele Schilirò, 2010. "Jean Pisani-Ferry and Adam S. Posen. 2009. The Euro at Ten: The next global currency? (Washington D.C.: Peterson Institute for International Economics, Bruegel)," The Review of International Organizations, Springer, Springer, vol. 5(1), pages 101-105, March.
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Citations

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Cited by:
  1. Carfì, David & Trunfio, Alessandra, 2011. "A non-linear coopetitive game for global green economy," MPRA Paper 32036, University Library of Munich, Germany.
  2. David CARFI & Caterina FICI, 2012. "The Government-Taxpayer Game," Theoretical and Practical Research in Economic Fields, ASERS Publishing, ASERS Publishing, vol. 0(1), pages 13-25, June.
  3. Carfì, David & Schilirò, Daniele, 2011. "A coopetitive model for the green economy," MPRA Paper 35245, University Library of Munich, Germany.
  4. Carfì, David & Schilirò, Daniele, 2011. "Coopetitive games and global green economy," MPRA Paper 32035, University Library of Munich, Germany.

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