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:: Volume 30, Issue 101 (Quarterly journal of economic research and policies 2022) ::
qjerp 2022, 30(101): 7-55 Back to browse issues page
The response of the government and the people to restrictions imposed following coronavirus outbreak: A game theory approach
Yaghoub Fatemi zardan *, Mahdi Mahmoodzadeh, Ahmad Bakhshi
Bu Ali-Sina University , yaghobfatemi0@gmail.com
Abstract:   (993 Views)

The widespread outbreak of Covid 19 disease has cost the government and the people so much that its effects need to be investigated. Therefore, this study tries to study the strategy of the government and the people in the form of game theory, considering the limitations created following the outbreak of coronavirus during the period of 2020/02/19 to 2021/04/19.  The results showed that, when the government chooses either strategy of intervention and non-intervention, People choose the strategy of violating restrictions between the strategy of staying at home and the strategy of violating restrictions. Also, both in the case of choosing a strategy to stay at home and in the case of choosing a strategy of violation of restrictions by the people, the government will choose the strategy of intervention between intervention strategy and non-intervention. The reason for this choice is that if the government does not come to control and prevent this disease, society will face great social costs due to the widespread epidemic. Therefore, the Nash equilibrium in this game has been the choice of intervention strategy by the government and the strategy of violation of restrictions by the people. Accordingly, the government needs to take important steps to persuade individuals to accept restrictions by reducing the opportunity cost of staying at home.
 
Keywords: Covid 19, Coronavirus, Game Theory, Government and People Behavior
Full-Text [PDF 1360 kb]   (147 Downloads)    
Type of Study: Research | Subject: Special
Received: 2021/04/25 | Accepted: 2022/05/31 | Published: 2022/06/21
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fatemi zardan Y, Mahmoodzadeh M, Bakhshi A. The response of the government and the people to restrictions imposed following coronavirus outbreak: A game theory approach. qjerp 2022; 30 (101) :7-55
URL: http://qjerp.ir/article-1-3017-en.html


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Volume 30, Issue 101 (Quarterly journal of economic research and policies 2022) Back to browse issues page
فصلنامه پژوهشها و سیاستهای اقتصادی Journal of Economic Research and Policies
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