The use of game theory in the global wheat market

Authors

  • Ghasan Ibrahim Ahmed Department of Financial and Banking Sciences/ College of Administration and Economics/ Nawroz University, Kurdistan Region of Iraq
  • Maher O. Ali Department of Financial and Banking Sciences/ College of Administration and Economics/ Nawroz University, Kurdistan Region of Iraq

DOI:

https://doi.org/10.25007/ajnu.v10n3a1055

Keywords:

نظرية الالعاب ، س, ق القمح ، نم, ذج ك, رن, ت

Abstract

 

Wheat is of great importance on the economic and political levels as a strategic commodity and despite the world's trend towards economic freedom and the elimination of subsidies, the developed countries exporting wheat still support this strategic crop that falls within the oligopoly market and the research tries to apply the oligopoly market to the global wheat market. As it emerged from the results of the application of the Cornute model that the main wheat market has the characteristics of oligopoly.

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References

قائمة المصادر
1- Michael E. Wetzstein,2003, Microeconomic Theory , University of Georgia.
2- W. Nicholson , 2005 , Microeconomics Theory ,University of London.
3- Theodore L. Turocy & Other , 2001 , Game Theory ,CDAM Research Report LSE.
4- John K. Horowitz & other , 1996 , Potential Benefits & Limitations of Game Theory in Agricultural Economics , University of Maryland at Collage Park.
5- Amos Golan & other , 1999 , Estimating Coke & Pepsis Price & Advertising Strategies , American University.
6- Anna.Koutsoyiannis, 1988, Modren Microeconomics, the Macmillan Press Ltd, London
7- Burkhard C .Schipper, (2002), Imitators and Optimizers in Cournot Oligopoly, University of Bonn. www.bgse.uni-bonn.de/
8- ريتشارد هــ ، 1989 ، نظام الاسعار وتخصيص الموارد ، ترجمة د.عبدالتواب اليماني ود.عبدالحفيظ محمود الزليطي ، منشورات جامعة فاريوس ، بنغازي ، ليبيا.

Published

2021-08-12

How to Cite

Ibrahim Ahmed, G., & O. Ali, M. (2021). The use of game theory in the global wheat market. Academic Journal of Nawroz University, 10(3), 128–136. https://doi.org/10.25007/ajnu.v10n3a1055

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