Multisubject industrial policy: formalization by evolutionary game theory methods

DOI

10.2991/sicni-18.2019.130How to use a DOI?

Keywords

Multisubject industrial policy, game theory, mathematical modelling

Abstract

The purpose and objectives of the work is development within the framework of game theory a model of relationships of subjects interested in the industrial policy based on their interests, strategies, areas of conflict and areas of consensus. The study used a multi-subject approach, which implies the existence of a number of independent stakeholders with their own goals and strategies. The methodology of evolutionary game theory (EGT) was used to analyze the interests of the stakeholders of their coincidences and conflicts. The process of formation of industrial policy typologed, highlighted by its features such as game related, including hierarchy, multiplicity, coalition, asymmetry, identified three possible points of equilibrium. The interaction between the state and enterprises is formalized as a game in a normal form, the functions of utility of players and the equation of replication dynamics are presented. To formalize the problem and finding the equations of the replicative dynamics we have considered the problem in a general form for the continuous asymmetric games. In terms of content, the results and decisions can be used as a characteristic of the space for the creation of multiple mutually acceptable agreements between real and potential participants in the process of industrial policy formation. It is possible to further analyze the model to obtain a quantitative assessment of the factors that have the greatest impact on the motivation of the interaction participants.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Victoria Akberdina
AU  - Grigoriy Korovin
AU  - Aleksandra Ponomareva
PY  - 2019/01
DA  - 2019/01
TI  - Multisubject industrial policy: formalization by evolutionary game theory methods
BT  - Proceedings of the 2nd International Scientific conference on New Industrialization: Global, national, regional dimension (SICNI 2018)
PB  - Atlantis Press
SP  - 645
EP  - 649
SN  - 2352-5398
UR  - https://doi.org/10.2991/sicni-18.2019.130
DO  - 10.2991/sicni-18.2019.130
ID  - Akberdina2019/01
ER  -