Coopetitive game solutions for the eurozone economy
AbstractThis 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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 26541.
Date of creation: Sep 2010
Date of revision:
Eurozone Economy; Coopetition; Game Theory;
Find related papers by JEL classification:
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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