A New Approach to The Economic Problem of Dumping Based on Game Theory with Grey Parameters

Message:
Article Type:
Research/Original Article (بدون رتبه معتبر)
Abstract:
Purpose

Dumping is one of the negative results of free trade and occurs when a foreign exporter sells a commodity at a lower price than the selling price of the same commodity or similar commodity in its domestic market in another country's market. Many approaches are used to investigate the problem of dumping, one of which is game theory, which is used in this article.

Methodology

 Game theory is one of the advanced scientific phenomena that has provided a solid framework for strategic behaviors. Whereas a lot of data is needed to solve business problems and issues, and given that real-world data usually involves uncertainty; Therefore, using definite methods in a real inaccurate environment will not be suitable for optimal decision making. Therefore, this article intends to study the issues of dumping and anti-dumping in the trade relations of countries with the help of game theory in the environment of gray uncertainty.

Findings

Dumping as an example of unhealthy and illegitimate competition in the trade arena of countries causes damage to the productive sectors of developing countries. Since healthy competition in the market of a product leads to the desirability and reduction of the price of that product, the formation of healthy competition requires appropriate policies and policies in order for businesses to be able to survive in a competitive market or be strengthened in those markets.

Originality/Value

Game theory is one of the applied fields that has grown in the field of decision making and economics and has attracted the attention of many researchers. Utilizing this theory can help the current knowledge about the further application of this theory in the economic conditions of the country.

Language:
Persian
Published:
Journal of Innovation Management and Operational Strategies, Volume:2 Issue: 1, 2021
Pages:
14 to 29
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