The formation of a new political party and the political equilibrium: an application of the game theory
Abstract
In this paper we apply the concepts of game theory on a political environment characterized
by the existence of two dominant parties. Specifically, we analyze the effects that a new party
will have on the behaviour of the established parties.
by the existence of two dominant parties. Specifically, we analyze the effects that a new party
will have on the behaviour of the established parties.
Keywords
Game theory; Political parties; Politics and government
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