NEGOCIAÇÕES ENTRE A GRÉCIA E SEUS CREDORES À LUZ DA TEORIA DOS JOGOS

• Autor(a) principal: Gomes, Carlos Eduardo
• Data de Publicação: 2017
• Outros Autores: Silva, Claudeci da, Parré, José Luiz
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Economic Analysis of law Review
• Texto Completo: https://portalrevistas.ucb.br/index.php/EALR/article/view/6803
• topic: Greece; Creditors; Game Theory.

This work aims to analyze the rounds of negotiations between Greece and the Creditors in an attempt to get new loan installments to the scroll of the arrears and ensure the stability of the Eurozone. To accomplish the goals, we used two tools of game theory, they are: the Nash Equilibrium in Perfect Subgames and the Chicken Game. It was found that Greece and the Creditors are willing to avoid at any cost, a Greek exit from the Eurozone, because if this were to leave, would bring negative effects not only for Greece but also for the entire Eurozone and the European Union. Thus, it became clear that the best result achieved in the negotiations between Greece and the Creditors, is that there is an agreement and that it is not full of economic policy of austerity.