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A framework of coopetitive games:applications to the Greek crisis

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  • Schilirò, Daniele
  • Carfì, David

Abstract

In the present work we propose an original analytical model of coopetitive game. We shall apply this analytical model of coopetition (based on normal form game theory) to the Greek crisis, while conceiving this game theory model at a macro level. We construct two realizations of such model, trying to represent possible realistic macro-economic scenarios of the Germany-Greek strategic interaction. We shall suggest - after a deep and complete study of the two samples - feasible transferable utility solutions in a properly coopetitive perspective for the divergent interests which drive the economic policies in the euro area.

Suggested Citation

  • Schilirò, Daniele & Carfì, David, 2012. "A framework of coopetitive games:applications to the Greek crisis," MPRA Paper 37855, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:37855
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    References listed on IDEAS

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    1. Olivier Blanchard & Giovanni Dell’Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
    2. Daniele Schilirò, 2010. "Investing in Knowledge: Knowledge, Human Capital and Institutions for the Long Run Growth," Chapters, in: Maarten J. Arentsen & Wouter van Rossum & Albert E. Steenge (ed.), Governance of Innovation, chapter 3, Edward Elgar Publishing.
    3. Schilirò, Daniele, 2011. "A new governance for the EMU and the economic policy framework," MPRA Paper 32235, University Library of Munich, Germany, revised Jul 2011.
    4. David CARFÌ & Daniele SCHILIRÒ, 2011. "Crisis In The Euro Area: Coopetitive Game Solutions As New Policy Tools," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 2(1), pages 22-36.
    5. Storper, Michael & Harrison, Bennett, 1991. "Flexibility, hierarchy and regional development: The changing structure of industrial production systems and their forms of governance in the 1990s," Research Policy, Elsevier, vol. 20(5), pages 407-422, October.
    6. David Carfì & Francesco Musolino, 2011. "Fair Redistribution In Financial Markets A Game Theory Complete Analysis," Journal of Advanced Studies in Finance, ASERS Publishing, vol. 2(2), pages 74-100.
    7. David CARFÌ & Emanuele PERRONE, 2011. "Game Complete Analysis Of Bertrand Duopoly," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 2(1), pages 4-21.
    8. Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
    9. Carfì, David, 2010. "A model for coopetitive games," MPRA Paper 59633, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. David CARFI & Caterina FICI, 2012. "The Government-Taxpayer Game," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 3(1), pages 13-25.
    2. Daniele SCHILIR, 2013. "Hans Werner Sinn and Timo Wollmershaeuser s Target Loans Current Account Balances and Capital Flows The ECB s Rescue Faciliy A Comment," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 4(1), pages 66-69.
    3. David, Carfì & Daniele, SCHILIRO', 2014. "Improving competitiveness and trade balance of Greek economy: a coopetitive strategy model," MPRA Paper 76970, University Library of Munich, Germany.
    4. Carfì, David & Donato, Alessia & Schilirò, Daniele, 2018. "Sustainability of global feeding.Coopetitive interaction among vegan and non-vegan food firms," MPRA Paper 88400, University Library of Munich, Germany.
    5. Liu, Qi & Chow, Joseph Y.J., 2022. "Efficient and stable data-sharing in a public transit oligopoly as a coopetitive game," Transportation Research Part B: Methodological, Elsevier, vol. 163(C), pages 64-87.
    6. Alessia Donato & David Carfì & Beatrice Blandina, 2018. "Coopetitive Games for Management of Marine Transportation Activity: A Study Case," Mathematics, MDPI, vol. 6(12), pages 1-17, December.
    7. Schilirò, Daniele, 2012. "The crisis of euro’s governance: institutional aspects and policy issues," MPRA Paper 40861, University Library of Munich, Germany.

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    More about this item

    Keywords

    Euro area; macroeconomc policy; competition; cooperation; coopetition; normal form games games;
    All these keywords.

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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