A coopetitive-dynamical game model for currency markets stabilization
DOI:
https://doi.org/10.1478/AAPP.931C1Parole chiave:
Currency Markets, Financial Risk, Financial Crisis, Games, Speculation, CoopetitionAbstract
The aim of this paper is to propose a dynamical methodology to stabilize the currency markets and at same time to address, indirectly, the Credit Crunch phenomenon. We adopt Game Theory and, specifically, the new mathematical model of Coopetitive Game proposed in literature by D. Carfi' with some its associated dynamical aspects. Our idea is to save the Euro (or other currencies) from speculative attacks, by introducing a currency transactions tax. Specifically, we focus on a real economic operator - our first player - and on an investment bank - our second player. The unique solution that allows both players to gain something, and therefore the only one collectively desirable, is represented by an agreement, between the two subjects, on the division of the maximum collective gain. Finally, we propose also a possible division of gains (even more advantageous than the previous one) in a coopetitive context, where the two above economic subjects use a loan by the European Central Bank (ECB), to obtain a greater gain.
Dowloads
Pubblicato
Fascicolo
Sezione
Licenza

This work is licensed under a Creative Commons Attribution 4.0 International License.
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).