Model and Analysis the Game Related To Economics Using Pure Strategy and Mixed Strategy: Evidence from Indonesia

  • Tae Woo Lee College of Economics and Management, Nanjing University of Aeronautics and Astronautics.
  • Regina Maria Angundjaja College of Economics and Management, Nanjing University of Aeronautics and Astronautics.
  • Putra Teja College of Economics and Management, Nanjing University of Aeronautics and Astronautics.
Keywords: Game Theory; Pure-Mixed Strategy: Decision Making Analysis.

Abstract

The purpose of this paper is to construct model and analysis the game related to economics using pure strategy and mixed strategy. In this game, more than one people are involved and it proceeds as their preferences, every single strategic actions and the information are available to the other players. Each of these actions influence the outcome. Game theory deals with any problem in which each player strategy depends on what the other players do. This research uses the data from the conflict among the Central Government, Local Government, and WALHI (Indonesian environment forum) of Indonesia’s haze pollution in Riau region. Analyzing preferences of each players using pure-mixed strategy, each player’s preferences equilibrium met at central government delays to take any action regarding the haze pollution; local government modifies local regulation that can help reduce pollution; and WALHI does not protest because local government already wants to support them by modifying local regulation.

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References

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Published
2017-12-03
How to Cite
Lee, T. W., Angundjaja, R., & Teja, P. (2017). Model and Analysis the Game Related To Economics Using Pure Strategy and Mixed Strategy: Evidence from Indonesia. Journal of Research in Business, Economics and Management, 9(5), 1763-1770. Retrieved from http://scitecresearch.com/journals/index.php/jrbem/article/view/1341
Issue
Vol 9 No 5: JRBEM
Section
Articles

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