Game theoretic approach to bulgaria's eu accession
Author: Assoc. Prof. Dr. Tuncay Can, Assoc. Prof. Dr. A. Mete Gilingirturk (Marmara University)
game theory, EC, mathematical form game theory, EU Behavioral Scenarios, Sectoral Quantitative Effects.
The intention of this paper is to show the applicability of the game theory to the regional or international unification or trade agreements. In general a policy of application to an established union should be a pure strategy as whether being a member or not. However, if there are alternative states of being part of the international trade, then actors shall determine their strategy to maximize self gains. Although this paper exercises just the economic growth as the gain, the pay-off matrix values can also utilize the social gains.